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Single-Tenant Walgreens NNN

411 W Lincoln Ave Charleston, IL 61920

411 W Lincoln Ave, Charleston, IL, 61920
Contact for pricing
For Sale
Contact for pricing

Single-tenant Walgreens on an NNN lease with more than seven years remaining on the primary term.

Property Size14,550 SF
Price / SF$336.77
Days on Market191

Property Features for 411 W Lincoln Ave

General Information

Standard status
Active
Size
14,550 SF
Property subtype
RETAIL
Listing agency The Boulder Group - Corporate
Listed by Randy Blankstein · License #471005983
Source Moodyscre
Added: Jan 12 Updated: Jul 21 at 8:39PM Checked: Jul 21 at 8:39PM

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 The Boulder Group - Corporate


Investment Insights

Based on property information with market context.

A single-tenant Walgreens property at 411 W Lincoln Ave in Charleston, IL, offered for sale under an NNN structure with no landlord responsibilities. Public remarks indicate the property has operated successfully since 2008 and that more than seven years remain on the primary lease term.

The site is located along West Lincoln Avenue (IL-16), with 24,600 vehicles per day reported in the remarks. It is also described as within walking distance of Eastern Illinois University, with 9,000+ students. Nearby retailers listed in the remarks include Starbucks, Ace Hardware, McDonald’s, Chevrolet, Buick, GMC, Ruler Foods, and several others.

The surrounding area is supported by a population count of 19,000+ people within five miles, along with an average household income of $76,187 within the same radius, according to the provided information. Walgreens is also noted as ranked #27 on the Fortune 500 list for total revenue (2024).

Key Highlights

  • Single‑tenant Walgreens on an NNN lease with over 7 years remaining on the primary lease term
  • NNN lease structure with no landlord responsibilities
  • Located along West Lincoln Avenue (IL‑16) with 24,600 VPD

Property Analytics

Location Intelligence

Current Use by Public Records

Positively 4th Street ... (Bike/Boat/Book/etc) Store Walgreens Photo (Bike/Boat/Book/etc) Store COVID-19 Drive-thru Testing ... Pharmacy Western Union Bank Walgreens Pharmacy

Suggested Use

Dental Office HVAC Service Big Box & Wholesale Store Auto Parts Store Electrical Service Skin Care Clinic Computer & Electronic Repair Grocery & Convenience Store Furniture & Home Goods Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
NNN property - Single-tenant Walgreens on an NNN lease with more than seven years remaining on the primary term.
Where is this nnn property located?
The property is located at 411 W Lincoln Ave Charleston, IL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Single‑tenant Walgreens on an NNN lease with over 7 years remaining on the primary lease term; NNN lease structure with no landlord responsibilities; Located along West Lincoln Avenue (IL‑16) with 24,600 VPD
Contact an agent
(847) 562-0003 Call to check price and availability
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