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Single-tenant Pharmacy Retail
For Sale
Contact for pricing
Pending

6506 N Alpine Rd, Loves Park, IL 61111

CVS is positioned for a new 15-year lease extension upon closing.

Property SizeContact for details
Days on Market134

Property Features for 6506 N Alpine Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Acropolis Commercial Advisors LLC
Listed By: Eric Wasserman · License #FL CQ1057427
Source: Crexi
Added: Apr 11 Changed: Aug 12 Last Checked: Aug 19 at 8:30PM

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 Acropolis Commercial Advisors LLC

Investment Insights

Based on property information with market context.

This for-sale retail property is currently under CVS occupancy, with the seller noting that CVS will execute a new 15-year lease extension at closing.

The asset is located at 6506 N Alpine Rd in Loves Park, Illinois.

At the time of closing, the lease extension will be executed, establishing a longer-term contracted occupancy tied to the sale.

Key Highlights

  • CVS to execute a new 15‑year lease extension at closing (lease extension to begin at COE).

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store Cardtronics ATM Atm Redbox Cinema UPS Access Point ... Courier Service CVS Pharmacy Pharmacy

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm HVAC Service Parking Lot & Garage Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

631
Businesses Nearby
214k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 45% Dining 36% Groceries 11% Shops & Services 6%
Walmart Superstores
97,047 visits/mo 0.4 miles
McDonald's Dining
26,768 visits/mo 0.4 miles
Aldi Groceries
23,238 visits/mo 0.4 miles
Starbucks Dining
16,404 visits/mo 0.4 miles
Taco Bell Dining
15,919 visits/mo 0.4 miles

Demographics for 61111, IL

23,028
Population
10,248
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
14.2 sq mi
ZIP Area
1,622
Density / Sq Mi
$58,391
Median Household Income
$42,751
Median Earnings
$1,101
Median Rent
$143,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Benjamin D. Blitzblau, PharmD 1515 E Riverside Blvd, Loves Park, IL 61111
  • CVS Pharmacy 6506 N Alpine Rd, Loves Park, IL 61111
  • Helga Drinka KMART PHARMACY, 1515 E Riverside Blvd, Loves Park, IL 611114742
  • CVS 6506 N Alpine Rd, Loves Park, IL 61111
  • Walmart Pharmacy 3849 Northridge Dr, Rockford, IL 61114

Frequently Asked Questions

What type of property is this?
Drug store - CVS is positioned for a new 15-year lease extension upon closing.
Where is this drug store located?
The property is located at 6506 N Alpine Rd Loves Park, IL.
What are key features of this property?
This property features: CVS to execute a new 15‑year lease extension at closing (lease extension to begin at COE).
More about this property
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