Walgreens

• Walgreens has been at this location for over 24 years and recently executed a long-term extension, proving their commitment to the site
• ±10 years remaining on the base term of a NNN lease, with Eight 5-year extension options.
• 5-Mile population of 134,427 residents
• Affluent demographics with an average household income of $90,694 (5-mile radius)
• Located less than 15 minutes from Rock Island Arsenal which is the largest government owned and operated weapons manufacturing arsenal in the United States. Rock Island Arsenal spans over 946 acres and is home to over 6,000 people.
• The site is located less than a mile from SouthPark Mall which is home to national retailers like Dick’s Sporting Goods, Ashley Furniture, Dillard’s, JCPenney, and many others.
• Walgreens is the nation’s second largest pharmacy store chain with over 8,700 locations serving roughly 9 million customers per day. Roughly 78% of Americans live within a 5-mile radius of a Walgreens location.
• Corporately guaranteed lease from Walgreens
• Considered an essential retailer, Walgreens has maintained consistent operations and rent payments, including throughout the COVID-19 pandemic.