Absolute Net Walgreens | Chicago MSA

11200 West Laraway Road, Frankfort, IL, USA Map

Subject is a Prime 14,709 Square-Foot Build-to-Suit
Walgreens on a 1.72-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, Strategically Located on a Signalized Intersection
Absolute NNN Lease with a 25-Year Base Term and Zero Landlord Responsibility | Over Five Years Remaining and 10 x 5-Year Options
Robust Traffic Counts on Laraway Road (10,302 VPD) and Wolf Road (6.809 VPD), a Half Mile off of South La Grange Road (15,506 VPD) (Source: LandVision, CoStar, 2022)
Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Stable Credit Rating of Baa2 (Stable) from Moody’s and Investment Grade Rating of BBB (Stable) from S&P
High Growth Area | Nearby National Retailers Include: JC Penney, Bed Bath & Beyond, Meijer, Kohl’s, Panera Bread, Office Depot, Chase, Chipotle, CVS, US Bank, and Others
Affluent Community with an Average Household Income of Over $154K within Five Miles of the Subject Asset, as of 2022
Subject is 27 Miles from Chicago Midway International
Airport, Serving Over 20 Million Passengers Annually and 36 Miles from Downtown Chicago with a Population of 2.7 Million (flychicago.com)
Parks and Outdoor Recreational Facilities Nearby Include: Hickory Creek Preserve, Hallmark Sports Club, Prestwick Country Club, Sauk Trail Reservoir, Sanctuary Golf Course, and More

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