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Freeport, IL NNN Properties for Sale

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Single-Tenant Walgreens NNN
Updated: Mar 14, 2025
Single-Tenant Walgreens NNN

835 W Galena Ave, Freeport, IL 61032

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12,023 sqft
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
Tenant has operated at the Freeport, IL location for more than 20 years and extended the lease an additional 10 years
Lease is corporate‑guaranteed by an investment‑grade entity (S&P: BBB)
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NNN Leased Jiffy Lube Investment
Updated: Feb 20, 2024
NNN Leased Jiffy Lube Investment

440 E South St, Freeport, IL

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1,692 sqft 0.49 AC lot
Absolute NNN Lease: Enjoy a completely passive investment.
Long‑Term Lease: Benefit from over 9 years remaining on the current lease term.
Rent Increases: Secure your investment with 10% rent increases every 5 years.
Proven Location: Tenant has successfully operated here for over 30 years.
Low Price Point: An attractive entry point for investors.
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NN Leased Walgreens Investment Property
NN Leased Walgreens Investment Property

835 W Galena Ave, Freeport, IL 61032

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12,032 sqft

NN leased Walgreens in Freeport, IL with corporate guarantee.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Freeport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

NNN Drive-Through Property
NNN Drive-Through Property

2570 Charles St, Rockford, IL 61108

$2,677,000
2,480 sqft 1.32 AC lot

New-construction NNN property combining drive-through service with indoor dining and a long-term lease structure.

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Free-Standing Office Building NNN
Free-Standing Office Building NNN

915 Haywood Dr, Madison, WI 53715

$1,081,029
3,269 sqft

NNN office building built in 2015, leased to DocGo Inc. (Ryan Brothers Ambulance) through 7/31/29.

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Single-Tenant NNN Property
Single-Tenant NNN Property

1432 South Main Street, Rockford, IL 61102

Contact for pricing
9,451 sqft 0.88 AC lot

Established retail tenancy occupies a freestanding store within a neighborhood shopping center anchored by a regional grocer.

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Renovated NNN Specialty Property
Renovated NNN Specialty Property

2250 PENNSYLVANIA AVE, Madison, WI 53704

Contact for pricing
10,475 sqft 0.80 AC lot

Fully leased animal-services facility with extended lease term, recent building upgrades, and IL zoning.

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Freeport, IL Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Freeport, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,747 square feet of properties for sale.

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Demographics Overview

Population 29K
Population Growth (5Y) -2.8%
Median Household Income $54,179
College Educated 27.1%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

Total CRE Inventory on Market (SF)

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