Single-Tenant Walgreens
For Sale
Contact for pricing
411 W Lincoln Ave, Charleston, IL 61920
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 Market236
Property Features for 411 W Lincoln Ave
General Information
Standard status
Active
Size
14,550 SF
Property subtype
RETAIL
Site & Location
Traffic Count
24,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
The Boulder Group - Corporate
(847) 562-8500
Listed By:
Randy Blankstein · License #471005983
(847) 562-0003
Source:
Moodyscre
Added: Jan 12
Changed: Aug 8
Last 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).
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
Property Profile
Current Use
Lease Details
24,600 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
Explore this area
Business Placement
Demographics for 61920, IL
20,847
Population
9,786
Households
2.1
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
148.3 sq mi
ZIP Area
141
Density / Sq Mi
$54,229
Median Household Income
$27,949
Median Earnings
$823
Median Rent
$144,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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
