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Walgreens Drug Store with NNN Lease
For Sale
Contact for pricing
Pending

4814 N Sheridan Rd, Peoria, IL 61614

Corporate-backed retail property at a signalized intersection with two roadway access points and established commercial surroundings.

Property SizeContact for details
Days on Market142

Property Features for 4814 N Sheridan Rd

General Information

Standard status Pending
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 28,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Acropolis Commercial Advisors LLC
Listed By: Eric Wasserman · License #FL CQ1057427
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:15PM

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 Acropolis Commercial Advisors LLC

Investment Insights

Based on property information with market context.

The Walgreens property at 4814 N Sheridan Rd is subject to an absolute NNN lease with a corporate guarantee and no landlord responsibilities. The freestanding retail location has two entry and exit points, with one connection to each intersecting roadway, West Glen Ave and North Sheridan Rd.

The site is positioned at a signalized intersection with visibility to almost 28,000 vehicles per day. West Glen Ave and North Sheridan Rd connect with State Routes 150 and 40, providing routes toward Interstate 74 and Downtown Peoria, approximately 4 miles away. The property is less than 1 mile from UnityPoint Health–Peoria Hospital, a 220-bed campus, and less than 4 miles from UnityPoint Health–Methodist Hospital, a 330-bed campus. OSF St. Francis Medical Center, Children’s Hospital of Illinois, Caterpillar Inc.’s corporate headquarters, and Northwoods Mall are each less than 10 minutes away.

More than 68,500 residents live within 3 miles, while the 1-mile area has average household income over $90,900. Nearby retail includes Schnucks, Hy-Vee, Kroger, Lowe’s, Target, Best Buy, and other shopping-center tenants.

Key Highlights

  • Absolute NNN lease with Walgreens and corporate guarantee
  • Zero landlord responsibilities under the lease structure
  • Signalized corner at West Glen Ave and North Sheridan Rd

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Shane-Cox Mary J Medical Clinic FedEx OnSite Postal Service Walgreens Cosmetic Store Redbox Cinema

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop Big Box & Wholesale Store Law Firm 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.

Lease Details

28,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,351
Businesses Nearby
215k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Groceries 35% Shops & Services 21% Electronics 2%
Kroger Groceries
31,272 visits/mo 0.3 miles
Schnucks Groceries
27,814 visits/mo 0.4 miles
Culver's Dining
24,558 visits/mo 0.5 miles
Starbucks Dining
16,646 visits/mo 0.5 miles
Jo-Ann Fabric and Craft Shops & Services
14,997 visits/mo 0.3 miles

Demographics for 61614, IL

27,119
Population
13,870
Households
2
Avg Household Size
41
Median Age
46%
College-Educated
97%
High-School Grad
12.0 sq mi
ZIP Area
2,260
Density / Sq Mi
$68,379
Median Household Income
$46,540
Median Earnings
$948
Median Rent
$169,700
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
Rey
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Similar Off Market Nearby

  • GNC 4125 N Sheridan Rd U#11, Peoria, IL 61614
  • Seth Mcintyre 4125 N Sheridan Rd Ste 20, Peoria, IL 616147174
  • Kroger Pharmacy 801 W Lake Ave, Peoria, IL 61614
  • Essential Wellness Pharmacy 4625 N University St, Peoria, IL 61614
  • CVS Pharmacy 4800 N University St, Peoria, IL 61614

Frequently Asked Questions

What type of property is this?
Drug store - Corporate-backed retail property at a signalized intersection with two roadway access points and established commercial surroundings.
Where is this drug store located?
The property is located at 4814 N Sheridan Rd Peoria, IL.
What are key features of this property?
This property features: Absolute NNN lease with Walgreens and corporate guarantee; Zero landlord responsibilities under the lease structure; Signalized corner at West Glen Ave and North Sheridan Rd
More about this property
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