Single-Tenant Walgreens
For Sale
Contact for pricing
835 W Galena Ave, Freeport, IL 61032
Fee-simple Walgreens investment is corporate-guaranteed on a net lease with limited landlord responsibilities.
Property Size12,023 SF
Price / SF$136.07
Days on Market550
Property Features for 835 W Galena Ave
General Information
Standard status
Active
Size
12,023 SF
Property subtype
RETAIL
Listing Agency:
SRS Real Estate Partners | Chicago
(312) 279-5320
Listed By:
Sean Lutz · License #475132482
(312) 437-8598
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Sep 3
Last Checked: Sep 13 at 11:48AM
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.
This fee-simple Walgreens property is offered as a NN leased, corporate guaranteed investment. The tenant is Bond Drug Company of Illinois, LLC, with over three years remaining on the initial term and five additional five-year option periods remaining to extend. The tenant has operated at this location for more than 20 years, with the lease extended by an additional 10 years.
The lease includes corporate guarantees and is structured as a net lease with limited landlord responsibilities. The property is located at 835 W Galena Ave in Freeport, Illinois (Rockford MSA).
The lease includes corporate guarantees and is structured as a net lease with limited landlord responsibilities. The property is located at 835 W Galena Ave in Freeport, Illinois (Rockford MSA).
Key Highlights
- 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
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
17k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Circle K
Shops & Services
12,031 visits/mo
0.1 miles
Little Caesars Pizza
Dining
2,655 visits/mo
0.3 miles
SUBWAY
Dining
2,407 visits/mo
0.3 miles
Demographics for 61032, IL
29,110
Population
14,685
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
91%
High-School Grad
148.7 sq mi
ZIP Area
196
Density / Sq Mi
$54,179
Median Household Income
$34,893
Median Earnings
$769
Median Rent
$106,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Skin Beauty by Stacie Green — 6 E Stephenson St, Freeport, IL 61032
- Walgreens Pharmacy — 835 W Galena Ave, Freeport, IL 61032
- Brian Reusch — 835 W Galena Ave, Freeport, IL 610323973
- Nicole Gerber — 835 W Galena Ave, Freeport, IL 610323973
- Nicole R. Gerber, Pharm — 835 w galena ave, freeport, il 61032
Frequently Asked Questions
What type of property is this?
Drug store - Fee-simple Walgreens investment is corporate-guaranteed on a net lease with limited landlord responsibilities.
Where is this drug store located?
The property is located at 835 W Galena Ave Freeport, IL.
What is the asking price?
The asking price for this property is $1,636,000.
What are key features of this property?
This property features: 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
