Investment Grade Tenant – The lease is guaranteed by Walgreen Co. (S&P BBB), which operates over 8,600 drug stores in all 50 states, the District of Columbia, and the U.S. Virgin Islands.
Excellent Store Sales – This store is reporting excellent unit level sales ensuring the tenant is profitable and alleviating future vacancy risk.
Built in Prescription Sales Driver – The property is surrounded by the Sun City Huntley Retirement Community, the largest retirement community in the Midwest.
Shadow Anchored by Super Walmart – The subject property is shadow anchored by Walmart Supercenter, a major draw to the trade area.
Major Retail Corridor – Signalized Hard Corner Location – The property is located at the intersection of IL Route 47 & Kreutzer Rd, with nearby neighbors including ALDI, Jimmy Johns, Sportsclips, AT&T, AutoZone, Chase Bank, Starbucks, 7-Eleven, McDonald’s, BMO Harris Bank, Home Depot (under construction), and many more.
New Centegra Hospital – Centegra Hospital-Huntley is a new $233 million hospital anticipated to open in 2016. Totaling approximately 360,000 square feet, the 128-bed facility will offer state-of-the-art technology to facilitate premier wellness and recovery treatment.