Glen Ellyn, IL

Price: $ 4,826,670
CAP Rate: 7.50%
NOI: $ 362,000
Lease Term Remaining Before Options: 10 Years 11 Months
Investment Highlights
  • In September 2026, Walgreens extended its lease for an additional ten years, which is rare for Walgreens, demonstrating its long-term commitment to the location.
  • Walgreens reports over $5,000,000 in front-end sales, well above the national average.
  • Both the store and the pharmacy are open 24 hours a day, a designation reserved for Walgreens ' top-performing locations.
  • With over 626,000 annual visits, the subject property ranks in the top 2% of Walgreens stores nationwide and is the number 1 location within 10 miles.
  • Glen Ellyn, located 20 miles west of downtown, is an affluent suburb of Chicago with the average household income over $136,000 within one mile of the subject property.
  • Located one mile to the south, College of DuPage is the largest community college in the state with more than 26,000 students. The subject property serves as the closest national chain pharmacy to the college, providing a steady customer base.
Offering Summary

We are pleased to market for sale the Walgreens property located at 324 Roosevelt Rd, Glen Ellyn, IL (“The Property”). Walgreens has been operating at this location for 25 years and demonstrated its long-term commitment to the location in September 2026 by extending its lease for an additional ten years. The new lease has approximately 11 years remaining with 8 (5-year) options to extend. Walgreens is on an absolute NNN lease with zero landlord obligations whatsoever.

 

The Property is a very strong performer within Walgreens’ chain, reporting more than $5 million in annual front-end sales, well above the national average. According to Placer.ai, the store receives more than 626,000 annual visits, ranking within the top 2% of Walgreens locations nationwide and as the #1 Walgreens within a 10-mile radius. The Property is a 24-hour Walgreens and pharmacy, further demonstrating the importance of the location within Walgreens’ store network.

 

The Property is located in Glen Ellyn, an affluent Chicago suburb 20 miles west of Downtown Chicago. The surrounding area features an average household income exceeding $136,000 within one mile, providing the store with a strong and affluent customer base.

 

Located one mile south of the Property, College of DuPage is the largest community college in Illinois with more than 26,000 students. The Property is the closest national chain pharmacy to the college, positioning Walgreens to serve the substantial student, faculty, and employee population in addition to the surrounding Glen Ellyn community.

Price: $ 4,826,670
CAP Rate: 7.50%
NOI: $ 362,000
Lease Term Remaining Before Options: 10 Years 11 Months