WALGREENS

INVESTMENT HIGHLIGHTS

• SIGNALIZED CORNER & GROCERY STORE OUTPARCELED: Located at the corner of Reed Road and US route 47, Walgreens is outparceled a recently developed Jewel-Osco grocery store and is ideally positioned to capture the most traffic possible, seeing over 20,000 vehicles daily.
• NORTHWESTERN MEDICINE HUNTLEY HOSPITAL: Located only 1.5 miles Southeast of Walgreens, this hospital plays a critical role in in dozens of healthcare needs including Cancer Care, Laboratory services, Surgeries, Imaging Services, and much more.
• CHICAGO, IL MSA: Huntley, IL is located 50 miles Northwest of Chicago, the third most populous city in the United States (2,697M Residents). Walgreens benefits from extremely strong demographics which include a 5-mile population of over 86,000 residents and affluent average household incomes of $122,000.
• HIGH GROWTH SUBURB: Huntley has seen strong population growth over the past decade as seen by several housing developments across next to Walgreens and Across US-47. Huntley’s population has grown over 16% since 2010 and due to the growing population a 21-acre residential home complex located off Route 47 was proposed in late august 2022.
• CRITICAL DRIVE-THRU LANE: Drive-thru lanes proved to be critical for retailers through the pandemic, and as total sales volume for restaurants, pharmacy and bank properties last year hit a record $12 Billion, the interest in drive-through real estate has exploded.
• INVESTMENT GRADE CREDIT TENANT – Rent is guaranteed by Walgreens Corporate, a Fortune 500 company boasting an S&P credit rating of BBB and a ±$31 billion market cap.