I’m excited to share an exclusive Walgreens NNN investment opportunity that just hit the market in Chicago, IL — and it checks every box for a strong, passive income-producing asset. This absolute NNN lease is backed by Walgreens Co. (S&P “BBB” rating), with zero landlord responsibilities, a 9.25% cap rate, and an outstanding urban location within the third-largest metro in the U.S.
This is a rare, high-yield Walgreens opportunity in a prime urban market with strong financials and long-term stability. With no management burden, it’s a smart choice for 1031 exchange buyers, hands-off investors, and anyone seeking predictable income in a turbulent market.
Location Advantages:
-High-Traffic Corner: E 67th Street & S Stony Island Ave – 60,854 VPD
-Dense Population: Over 521,000 residents within 5 miles
-Strong MSA: Chicago metro area – 8.9M+ population
-Healthcare Proximity: Just 2.5 miles from University of Chicago Hospital
-Academic Hub: Under 5 minutes from University of Chicago (17,834 students)
-Freestanding Building: Classic drive-thru structure offering maximum accessibility