Drug Store

Stephenson County, IL Drug Stores for Sale

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Single-Tenant Walgreens NNN
Updated: Mar 14, 2025
Single-Tenant Walgreens NNN

835 W Galena Ave, Freeport, IL 61032

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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

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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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Stephenson County, IL Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in Stephenson County, 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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