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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-Leased Class A Office Building
NNN-Leased Class A Office Building

6000 E State St, Rockford, IL 61108

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68,000 sqft

Well-maintained Class A office building with NNN lease income and 81.1% occupancy.

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Walgreens NNN Retail Building
Walgreens NNN Retail Building

2519 Kettering, Janesville, WI 53546

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14,430 sqft 2.24 AC lot

Fee-simple Walgreens property includes a 14,430-square-foot building on a 2.24-acre parcel under a long-term NNN lease.

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Dual Restaurant NNN Property
Dual Restaurant NNN Property

2701 S Alpine Rd, Rockford, IL 61109

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For-sale NNN restaurant property with a 9+ year lease and 2.5% annual increases.

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Freestanding Walgreens in Janesville, WI
Freestanding Walgreens in Janesville, WI

1717 Milton Ave, Janesville, WI 53545

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13,905 sqft 1.44 AC lot

Freestanding 13,905 SF Walgreens on 1.44 acres.

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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

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