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Walgreens NNN Drug Store
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632 Roger Williams Ave, Highland Park, IL 60035

Fee simple Walgreens with a corporate-guaranteed NN lease and a recently executed 10-year extension.

Property SizeContact for details
Days on Market132

Property Features for 632 Roger Williams Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: SRS Real Estate Partners Chicago
Listed By: Sean Lutz · License #IL 475132482
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:22PM

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 SRS Real Estate Partners Chicago

Investment Insights

Based on property information with market context.

Investment opportunity offering the fee simple interest (land and building ownership) in a net-leased, corporate guaranteed Walgreens property. Walgreens has executed a brand new 10-year lease extension and currently has more than 10 years remaining on the lease term, followed by six (5-year) options to extend. The lease is NN with landlord responsibilities limited to roof, structure, and capital expenditures.

The property is located at the intersection of Roger Williams Ave and Broadview Ave in Highland Park, IL, within a small commercial zone surrounded by residential area. Walgreens offers the sale of liquor, beer, and wine, and includes in-store beauty consultants for the company’s No7 beauty and skincare products.

Key Highlights

  • Fee simple ownership of a Walgreens investment property in Highland Park, IL (Chicago MSA)
  • Walgreens executed a brand new 10‑year lease extension; over 10 years remaining followed by 6 (5‑year) options to extend
  • Corporate‑guaranteed net lease (NN) with landlord responsibilities limited to roof, structure, and capital expenditures

Property Analytics

Current Use

FedEx OnSite Postal Service Walgreens Groceries Grocery & Convenience Store Citibank ATM Atm Walgreens Pharmacy Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Hair Salon Bakery Auto Parts Store

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

411
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60035, IL

30,152
Population
12,376
Households
2.4
Avg Household Size
47
Median Age
76%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
2,374
Density / Sq Mi
$161,811
Median Household Income
$78,658
Median Earnings
$1,903
Median Rent
$594,600
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
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Similar Off Market Nearby

  • Walgreens Pharmacy 632 Roger Williams Ave, Highland Park, IL 60035
  • Alan Berkelhamer 631 Washington Pl, Highland Park, IL 600354937
  • Sanford Silver 632 Roger Williams Ave, Highland Park, IL 600354824

Frequently Asked Questions

What type of property is this?
Drug store - Fee simple Walgreens with a corporate-guaranteed NN lease and a recently executed 10-year extension.
Where is this drug store located?
The property is located at 632 Roger Williams Ave Highland Park, IL.
What are key features of this property?
This property features: Fee simple ownership of a Walgreens investment property in Highland Park, IL (Chicago MSA); Walgreens executed a brand new 10‑year lease extension; over 10 years remaining followed by 6 (5‑year) options to extend; Corporate‑guaranteed net lease (NN) with landlord responsibilities limited to roof, structure, and capital expenditures
(312) 279-5345 Call to check price and availability
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