This Walgreens property in Decatur, Illinois, presents an excellent investment opportunity with a long-term, fee-simple absolute NNN lease, offering no landlord responsibilities. Built in 2002 and situated on a 1.90-acre lot, the 12,918 SF building is occupied by Walgreens, a Fortune 500 company with an S&P BBB- credit rating, ensuring reliability and financial strength.

The lease commenced on September 1, 2022, and continues until August 31, 2035, with twelve 5-year renewal options, providing secure income for years to come. Investors benefit from rent increases of 5% every five years, including option periods, driving increasing returns over time.

This property is ideally positioned near Decatur Memorial Hospital, which has served the community for over a century. It is surrounded by a dense population of over 74,000 within a 5-mile radius, with strong average household incomes exceeding $82,000. These demographics support the store’s robust performance, which is reported to be double the national average.

Highlights include a drive-thru pharmacy, serving the needs of local residents, and proximity to key roadways such as IL-48 and N Fairview Ave with traffic counts exceeding 13,000 VPD.

Investors looking for a stable, high-yield property with minimal risk will find this Walgreens in Decatur, IL, a perfect fit.

Contact us today for more information on this premier NNN investment opportunity.

Located at 1616 Tappahannock Blvd, this 7,225 SF O’Reilly Auto Parts store represents a secure investment opportunity. With over 15 years remaining on the lease, minimal landlord responsibilities, and a Fortune 500 tenant, this property offers stability in a growing market. O’Reilly Auto Parts boasts an S&P BBB investment-grade credit rating, ensuring a strong corporate backing. The property sits along Tappahannock Blvd, one of the town’s busiest corridors, seeing over 44,050 vehicles per day. Tappahannock, VA, is an established market, known for its historical roots and anchored by major retailers such as Walmart, Lowe’s, and Food Lion.

For more information or to schedule a property tour, contact us today.