3,150,000 USD

Walgreens for Sale - 21368

This building was constructed in 1995. The building and land is double net leasedwhich commenced in 1995 and is up for renewal in 2015 when there are (8) five-year options to 2055. The subject property consists of a free standing building and contains a 15 525 sq-ft building with a drive-thru on 1.61 acres in Sterling Illinois. The property is located on the corner of Highway two and Spring St. in the downtown of Sterling in a strong retail market. Immediate neighbors include KFC Shell service station McDonalds and Subway. This is the only Walgreens located in Sterling IL. Sterling is located 100 mis west of Chicago on the Rock River.The same owner has another Walgreens for sale in Hoffman Estates IL. 2 properties can be bought in a package at a better price of 3 000 000 each yielding a 7.35% cap rate.Double net which commences in 1995 and is up for renewal in 2015 when there are (8) five-year options to 2055. (Br 21368)...

18-05-2025 UNITED STATES, New York, NY

Price: 3,150,000 USD

Category: For Rent - Commercial Lease

E-mail

Important!

There are a lot of advertisers on Advertigo. We cannot check them one by one.

You work hard for your money and you want a company you can rely on when you are buying or selling things. That's why we want to help you protect yourself from fraud. In this section, you'll find informative tips and other useful material to stay informed and help reduce your chances of falling victim to scammers.

Please understand that Advertigo.net is a free service to help buyers and sellers (and etc.) find one another. Advertigo.net is not involved in any transactions and can not police the actions of our many users.