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    Freeport, IL
    Drug Store

    Freeport, IL Drug Stores for Sale

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    Cedarville, IL Eleroy, IL Dakota, IL Pearl City, IL Lena, IL Shannon, IL Forreston, IL Orangeville, 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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    West Allis Walgreens For Sale
    West Allis Walgreens For Sale

    6101 W Greenfield Ave, West Allis, WI 53214

    Contact for pricing
    14,487 sqft

    Net leased Walgreens in Milwaukee MSA with long-term lease.

    View details
    Single-Story Retail Storefront
    Single-Story Retail Storefront

    9220 W Greenfield Ave, West Allis, WI 53214

    Contact for pricing
    19,173 sqft

    Former CVS space with single-story layout, loading area, three restrooms, and ample on-site parking.

    View details
    Absolute NNN Pharmacy Sublease
    Absolute NNN Pharmacy Sublease

    1400 E Roosevelt Rd, Wheaton, IL 60187

    Contact for pricing
    10,836 sqft

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

    View details
    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.

    View details

    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

    Shopping centers 4
    Storefront properties 4
    Automotive properties 2
    Drug stores 2
    Auto shops 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

    Total CRE Inventory on Market (SF)

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