INVESTMENT HIGHLIGHTS

CHICAGO, IL MSA

• This Walgreens is strategically positioned in Algonquin, IL, an affluent suburb within the Chicago MSA, located just ±20 miles from Walgreens’ corporate headquarters in Deerfield, IL. As the third-largest city in the U.S., Chicago has a metro population exceeding 9.61 million and serves as a national hub for finance, commerce, transportation, and culture. Algonquin is known for attracting young professionals and families seeking a high quality of life, contributing to a strong and stable customer base for this location.

NEW ROOF WITH LONG-TERM WARRANTY

• The roof was replaced in October 2021 and is backed by a full 20-year warranty, significantly reducing both near- and long-term maintenance risk for future ownership.

MULTIPLE OPTION RENEWALS

• Walgreens has demonstrated long-term commitment to this location by exercising two renewal options without any concessions, reinforcing the site’s stability and continued occupancy.

NEW EXTERIOR LIGHTING

• In June 2024, all ten parking lot light poles and fixtures were replaced—improving curb appeal, enhancing nighttime visibility, and reducing future maintenance expenses. The new fixtures are backed by a 5-year warranty, providing additional operational peace of mind.

AFFLUENT COMMUNITY

• This Walgreens serves the high-income community of Algonquin in Chicago’s northwest suburbs, where the average household income within a three-mile radius exceeds $133,551—driving strong consumer spending and retail stability.

HIGH VISIBILITY SITE

• Strategically located at a signalized intersection with visibility to over ±44,000 vehicles per day, this Walgreens benefits from exceptional exposure and consistent drive-by traffic.

STRONG RETAIL CORRIDOR

• Ideally situated next to Jewel-Osco—Algonquin’s leading grocery anchor—this Walgreens benefits from strong cross-shopping traffic and a high-performing retail corridor. Surrounded by major national tenants including Starbucks, O’Reilly Auto Parts, Jimmy John’s, Dunkin’, McDonald’s, Subway, Dollar Tree, and others, the location offers consistent consumer draw and long-term retail stability.

RETIREMENT HOME ADJACENT

• Located just ±0.4 miles from The Pointe at Eastgate senior living community and within ±0.5 miles of three healthcare clinics, this Walgreens benefits from steady, built-in demand. Daily visits from healthcare professionals, residents, and family members support consistent foot traffic and reinforce the property’s long-term stability and strategic positioning.