Walgreens Drug Store with Lease
For Sale
Contact for pricing
1 E Golf Rd, Arlington Heights, IL 60005
Freestanding retail asset occupied by Walgreens under a double-net lease with access from two major roads.
Property Size14,725 SF
Days on Market142
Property Features for 1 E Golf Rd
General Information
Standard status
Active
Size
14,725 SF
Property subtype
Retail
Site & Location
Traffic Count
68,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Chicago Downtown
(224) 619-6808
Listed By:
Brian Parmacek · License #IL 475.132220
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 3:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The property is a 14,725-square-foot Walgreens drug store at 1 E Golf Rd in Arlington Heights, Illinois. Walgreens has operated at the site since 2000, and the lease provides more than 5 years of remaining term. The double-net structure is supported by limited landlord responsibilities, a new roof backed by a 20-year transferable warranty, and a recently repaved parking lot. Lease terms include no rent increases and five-year termination options beginning after June 30, 2025, through July 31, 2060.
Positioned at the signalized intersection of Golf Road and Arlington Heights Road, the property has entry points from both thoroughfares and exposure to nearly 68,000 vehicles per day. It is across from Jewel-Osco and Arlington Towne Square, a 90,000-square-foot shopping center. Interstate 90 is approximately a half mile south, while Valli Produce, ALDI, Lowe’s, Meijer, and Wal-Mart are within a mile.
Positioned at the signalized intersection of Golf Road and Arlington Heights Road, the property has entry points from both thoroughfares and exposure to nearly 68,000 vehicles per day. It is across from Jewel-Osco and Arlington Towne Square, a 90,000-square-foot shopping center. Interstate 90 is approximately a half mile south, while Valli Produce, ALDI, Lowe’s, Meijer, and Wal-Mart are within a mile.
Key Highlights
- 14,725‑square‑foot Walgreens drug store occupied since 2000
- More than 5 years of remaining lease term
- Double‑net lease with no rent increases and five‑year termination options
Property Analytics
Property Profile
Current Use
Lease Details
68,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60005, IL
30,221
Population
13,511
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
4,579
Density / Sq Mi
$100,304
Median Household Income
$62,323
Median Earnings
$1,621
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- University Pharmacy West — 3132 Old Jacksonville Rd #100, Springfield, IL 62704
- Kathleen S. Jacoby, RPH — 3132 Old Jacksonville Rd, Springfield, IL 62704
- Natural Health & Healing Institute — Springfield, IL 62704
- Ryan D. Bouchard, PharmD — 2305 W Monroe St, Springfield, IL 62704, United States
- Walgreens Pharmacy — 2305 W Monroe St, Springfield, IL 62704
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding retail asset occupied by Walgreens under a double-net lease with access from two major roads.
Where is this drug store located?
The property is located at 1 E Golf Rd Arlington Heights, IL.
What are key features of this property?
This property features: 14,725‑square‑foot Walgreens drug store occupied since 2000; More than 5 years of remaining lease term; Double‑net lease with no rent increases and five‑year termination options
