17 W Golf Rd
Des Plaines, IL 60016
Walgreens · Retail Property For Sale

Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the Walgreens property located at 17 West Golf Road in Des Plaines, IL (“the Property”). The City of Des Plaines is an affluent suburb of Chicago, located less than 17 miles northwest of “The Loop,” and more importantly, just north of O’Hare International Airport. With more than 17 years of successful operating history at this site, Walgreens has a strong commitment to the store and has developed a mature customer base. The existing 60-year lease is subject to the Tenant’s right to terminate the lease at the conclusion of the last day of the 240th month (Year 20), and each subsequent 60 months (5 Years) thereafter with twelve (12) months’ notice. The Walgreens lease is NNN with landlord responsibilities limited to capital expenditures related to the roof and structure, and replacement of the parking lot. Walgreens is required to report annual unit-level sales.