Walgreens NNN Pharmacy
New
For Sale
Contact for pricing
118 Walnut St, Highland, IL 62249
The tenant is responsible for property taxes, insurance, and maintenance under the lease.
Property Size3,620,000 SF
Lot Size1.35 Acres
Price / SF$0.00
Days on Market6
Property Features for 118 Walnut St
General Information
Standard status
Active
Size
3,620,000 SF
Lot size
1.35 Acres
Property subtype
RETAIL
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
RIPCO Real Estate | Tampa
(813) 320-0050
Listed By:
Ari Ravi · License #SL-3210827
(813) 921-5640
Source:
Moodyscre
Added: Oct 9
Changed: Oct 13
Last Checked: Oct 13 at 2:08AM
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 RIPCO Real Estate | Tampa
Investment Insights
Based on property information with market context.
This freestanding Walgreens pharmacy occupies approximately 1.35 acres at the southwest corner of US Highway 40 and Walnut Street. A drive-through pharmacy and surface parking are reserved for the tenant’s exclusive use. Under the lease, the tenant pays real estate taxes and carries property and liability insurance, while also handling maintenance and replacement of the roof, structure, parking lot, and other premises components.
The corporate lease is with Walgreen Co., which remains liable for the full lease term even if the lease is assigned. Within three miles, the property serves a population of 12,311 in an established Metro East community. St. Joseph’s Hospital Highland is less than one mile north; its 68,000-square-foot campus sits on 50 acres and serves more than 35,000 residents across three counties.
The corporate lease is with Walgreen Co., which remains liable for the full lease term even if the lease is assigned. Within three miles, the property serves a population of 12,311 in an established Metro East community. St. Joseph’s Hospital Highland is less than one mile north; its 68,000-square-foot campus sits on 50 acres and serves more than 35,000 residents across three counties.
Key Highlights
- Walgreen Co. is the corporate tenant and remains liable for the lease after an assignment
- Tenant pays real estate taxes, carries property and liability insurance, and maintains the roof, structure, and parking lot
- Freestanding pharmacy on approximately 1.35 acres at the southwest corner of US Highway 40 and Walnut Street
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 37%
Apparel 8%
Home Improvements & Furnishings 5%
McDonald's
Dining
20,604 visits/mo
0.4 miles
Circle K
Shops & Services
18,785 visits/mo
0.3 miles
Scooter's Coffee
Dining
9,412 visits/mo
0.5 miles
SONIC Drive In
Dining
8,694 visits/mo
0.3 miles
Hardee's
Dining
6,728 visits/mo
0.1 miles
Demographics for 62249, IL
16,052
Population
7,317
Households
2.2
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
88.7 sq mi
ZIP Area
181
Density / Sq Mi
$88,986
Median Household Income
$53,122
Median Earnings
$779
Median Rent
$220,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - The tenant is responsible for property taxes, insurance, and maintenance under the lease.
Where is this nnn property located?
The property is located at 118 Walnut St Highland, IL.
What are key features of this property?
This property features: Walgreen Co. is the corporate tenant and remains liable for the lease after an assignment; Tenant pays real estate taxes, carries property and liability insurance, and maintains the roof, structure, and parking lot; Freestanding pharmacy on approximately 1.35 acres at the southwest corner of US Highway 40 and Walnut Street
