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844 W Fremont St
Galesburg, IL 61401
Retail Property For Sale
PROPERTY FACTS
ABOUT 844 W FREMONT ST , GALESBURG, IL 61401
The 15,554 square foot Walgreens benefits from its hard corner location along Highway 150 (22,000 VPD), a primary north-south thoroughfare. Additionally, the property is located immediately off of Highway 34 (18,560 VPD) near Galesburg High School, Gale Elementary School and Churchill Junior High School, driving continual traffic to the area. Retailers in the immediate area include Hy-Vee, Lowe’s, Target, AMC, Starbucks, Wells Fargo and McDonald’s. The Walgreens lease expires July 31, 2027 and features ten 5-year renewal option periods. Walgreens is one of the largest pharmacy store chains in the United States and has over 9,560 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $73 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.
PROPERTY TAXES
| Parcel Number | 99-09-226-010 | Improvements Assessment | $412,778 |
| Land Assessment | $355,670 | Total Assessment | $768,448 |
PROPERTY TAXES
