1378 Miner St
Des Plaines, IL 60016
Walgreens · Retail Property For Sale

Marcus & Millichap is pleased to present a fee simple Walgreens located in Chicago' s northwest suburb of Des Plaines. The Subject Property (the Property or Walgreens ) consists of approximately 1.71-acres of triangular-shaped land in between Miner Street, Jefferson Street, and Graceland Avenue. Affixed to the Property is a free-standing 15,272-square foot retail building which was built in 2003 as a prototype store for Walgreens. Currently, Walgreens has over ten years remaining on its absolute-net lease until they can exercise their first right-to-terminate option. The Property features a drive-thru window and abundant on-site parking. There are no rent increases throughout the term of the lease and Walgreens has ability to terminate every five years after April 1st, 2028. The Property is located twenty miles northwest of Downtown Chicago and easily accessible via I-294, I-90, and Metra UP/Northwest line. The Property receives great visibility from its pylon sign and signalized intersection which experiences a traffic count of 16,500+ vehicles per day. The Property is easily accessible through its four points of ingress/egress. The Property is also situated in downtown Des Plaines near the famous McDonald' s museum (the first McDonald' s restaurant), Des Plaines Police Department, Des Plaines Fire Department and the Public Library. Other amenities to the Property is the close proximity to O' Hare International Airport, Des Plaines Metra Train Station, two major hospitals (Advocate & Presence Holy), and Oakton Community College.