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    Walgreens Drive-Thru Retail Investment
    Updated: Apr 11
    Walgreens Drive-Thru Retail Investment

    450 S Schoolhouse Rd, New Lenox, IL 60451

    Contact for pricing
    Fee simple ownership interest in a Walgreens building on an absolute NNN lease with zero landlord responsibilities.
    Corporate‑guaranteed by Walgreen Co. (S&P: BBB) with 15 years remaining in the initial term plus 6 (5‑year) options to extend.
    Lease structure includes 5% rental increases every 5 years throughout the initial term and option periods.
    Drive‑thru pharmacy location at the signalized, hard corner of S. Schoolhouse Road and E. Lincoln Highway with 19,800 combined vehicles passing daily.
    Positioned between Target and Walmart Supercenter, supporting crossover exposure to the immediate trade area.
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Lenox, 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.

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    CVS Pharmacy in Orland Park
    CVS Pharmacy in Orland Park

    11201 W 143rd St, Orland Park, IL 60467

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    Triple-Net Retail Investment
    Triple-Net Retail Investment

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    NNN Property with Corporate Guarantee
    NNN Property with Corporate Guarantee

    15894-15898 South La Grange Road, Orland Park, IL 60467

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    NNN offering with corporate guarantee and cited 70,000 VPD exposure, priced per remarks with a 6.25% cap rate.

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    New Lenox, IL Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in New Lenox, IL on our real estate platform.

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    Demographics Overview

    Population 37K
    Population Growth (5Y) +7.3%
    Median Household Income $132,260
    College Educated 58.4%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Will County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in New Lenox fall within the 100,000+ square foot range.

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