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399 Lake Marian Rd
Carpentersville, IL 60110

$3,604,403 USD

Drugstore For Sale  •  13,776 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,776 SF
  • Lot Size 1.74 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 6.95 %
  • Tenancy Single
0 Transit Score
69 Walk Score

Highlights

Strategically Located as an Outparcel to a Busy Walmart Supercenter Anchored Shopping Center
Highly Visible Signalized Corner Lot Location Adjacent to a Village Fresh Market at the Heavily Trafficked Intersection of Kennedy Dr and Lake Marian
Extremely Low Rent/SF of ~$18/SF
Minimal Landlord Responsibilities Ideal for an Investor Looking for a More Passive Investment
Walgreens (NYSE: WAG) Is the Second Largest Pharmacy Store Chain in the United States | Nearly 9,000 Locations and Total Revenue of Over $139B
Long Historical Occupancy | Walgreens Has Occupied the Subject Property for Over 25 Years

Property Flyers

Cap Rate: 6.95 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Fox River Grove Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 18 min - 7.3 mi
Big Timber Road Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 14 min - 7.5 mi
AirportDriveWalkDistance
Chicago O'Hare International 36 min - 26.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Tyler Bindi 310-909-2374 Marcus & Millichap
Tyler Bindi 310-909-2374 Marcus & Millichap