Single-Tenant Walgreens
835 W Galena Ave Freeport, IL 61032
For Sale
Contact for pricing
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 Market504
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) 437-8598
Listed By:
Sean Lutz · License #475132482
(312) 437-8598
Source:
Moodyscre
Added: Mar 14, 2025
Changed: Jul 26
Last Checked: Jul 29 at 2:21PM
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
Location Intelligence
Current Use
Similar Off Market Nearby
- Walgreens Pharmacy — 835 W Galena Ave, Freeport, IL 61032
- Nicole R. Gerber, Pharm — 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
- Skin Beauty by Stacie Green — 6 E Stephenson St, 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
