Drug Store

Freeport, IL Drug Stores for Sale

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West Terre Haute, IN Cedarville, IL Baileyville, IL Eleroy, IL Dakota, IL Pearl City, IL Lena, IL Shannon, IL
Single-Tenant Walgreens NNN
Updated: Mar 14, 2025
Single-Tenant Walgreens NNN

835 W Galena Ave, Freeport, IL 61032

Contact for pricing
12,023 sqft
Fee‑simple Walgreens investment (land and building) offered with a net lease and limited landlord responsibilities
Tenant is Bond Drug Company of Illinois, LLC with over 3 years remaining on the initial term
Lease includes five (5‑year) option periods left to extend
Tenant has operated at the Freeport, IL location for more than 20 years and extended the lease an additional 10 years
Lease is corporate‑guaranteed by an investment‑grade entity (S&P: BBB)
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NN Leased Walgreens Investment Property
Updated: Feb 17, 2022
NN Leased Walgreens Investment Property

835 W Galena Ave, Freeport, IL 61032

Contact for pricing
12,032 sqft
NN Lease with Corporate Guarantee (S&P: BBB) from Walgreens, a Fortune 500 company, offering a stable, low‑risk investment.
Tenant has operated at this location for over 20 years and recently extended their lease, demonstrating a strong commitment to the site.
Located at a high‑traffic, signalized corner (32,300 vehicles per day) in a dense retail corridor, ensuring high visibility and accessibility.**
NN lease structure with limited landlord responsibilities, ideal for a passive investor seeking minimal management.
Proximity to FHN Memorial Hospital (100 beds) and several residential complexes provides a strong, built‑in customer base.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Absolute NNN Pharmacy Sublease
Absolute NNN Pharmacy Sublease

1400 E Roosevelt Rd, Wheaton, IL 60187

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10,836 sqft

CVS Pharmacy is offered for sale with an absolute NNN lease subleased to Dollar General.

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Walgreens NNN Retail Building
Walgreens NNN Retail Building

2519 Kettering, Janesville, WI 53546

Contact for pricing
14,430 sqft 2.24 AC lot

Fee-simple Walgreens property includes a 14,430-square-foot building on a 2.24-acre parcel under a long-term NNN lease.

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Freestanding Walgreens in Janesville, WI
Freestanding Walgreens in Janesville, WI

1717 Milton Ave, Janesville, WI 53545

Contact for pricing
13,905 sqft 1.44 AC lot

Freestanding 13,905 SF Walgreens on 1.44 acres.

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CVS NNN Investment Opportunity
CVS NNN Investment Opportunity

2000 S Naperville Rd, Wheaton, IL

Contact for pricing
13,273 sqft 1.69 AC lot

25-year NNN lease with investment-grade CVS tenant.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Outlots Near Home Depot
Outlots Near Home Depot

1500 S. 24th Street S |, Wisconsin Rapids, WI 54494

Contact for pricing

Two outlots for sale with great access and visibility.

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Land Parcel with Road Frontage
Land Parcel with Road Frontage

1257 E Sherman Boulevard, Norton Shores, MI 49444

$185,000
0.23 AC lot

Vacant land offering 218 feet of road frontage, with an additional parcel that includes a two-bedroom home.

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Hart, MI Undeveloped Commercial Land
Hart, MI Undeveloped Commercial Land

3308 W Monroe Road lot: A - 2.18 Acres, Hart, MI 49420

$60,000
2.18 AC lot

2.18 acres of commercially zoned land near expressway.

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Hart, MI Undeveloped Commercial Land
Hart, MI Undeveloped Commercial Land

3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

$300,000
23.56 AC lot

23.56 acres of commercially zoned land near expressway.

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Freeport, IL Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in Freeport, IL on our real estate platform. These investment opportunities span a total of 24,055 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Automotive properties 6
Auto shops 5
Drug stores 2
Car washes 1

Demographics Overview

Population 29K
Population Growth (5Y) -2.8%
Median Household Income $54,179
College Educated 27.1%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

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