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347 Independence Blvd
Romeoville, IL 60446
Prime Corner Walgreens in Chicago MSA · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
About 347 INDEPENDENCE BLVD , ROMEOVILLE, IL 60446
Matthews REIS is pleased to bring to market the Walgreens located at 347 Independence Blvd in Romeoville, IL. It's situated on the busiest intersection in Romeoville on the NE corner of Independence Blvd and Romeo Rd which sees an average of ±57,500 VPD. There is no competition from CVS in the Romeoville market, so this store is able to consistently perform year-over-year (contact broker for details). With a ±14.5 years remaining on the base term and an absolute NNN lease structure, this Walgreens offers investors a long-term and passive bond-like investment backed by strong investment grade credit (S&P: BBB) in a growing economy. Romeoville's workforce has grown tremendously with 1,000+ new jobs, the industrial sector is expanding and generating more tax revenue, and there have been new developments including the Thorton's and car wash across the street from this Walgreens location. Lastly, the 76,000 SF Edward Hospital Athletic & Event Center which hosts countless sporting events is only ±1 mile from this Walgreens, allowing the athletes and their families to pick up food, prescriptions, first aid kits, drinks, etc.
