2871 Pfingsten Rd - Drug Store FOR SALE


Glenview, IL 60026
$7,061,000 USD
760-448-2449
2871 Pfingsten Rd, Glenview, IL for Sale
$7,061,000 USD
Drug Store - FOR SALE
1/12
null | 7% Cap Rate

2871 Pfingsten Rd
Glenview, IL 60026


HIGHLIGHTS

  • Walgreens Co. – Strong Corporate Lease Guaranty – $154 Billion in Revenue (2025) – 8,700 Locations in 50 States
  • Absolute NNN Lease – Zero Landlord Responsibilities – 30 Year Successful Operating History
  • Full Renovation & Remodel Completed in 2014 to Walgreens Newest Prototype & Drive-Thru Pharmacy
  • Historically Strong Reported Annual Sales – Future Long Term Tenancy & Profitability
  • Strategically Anchored Within Glenbrook Marketplace (Over 660K Visitors/Year) – Shadow Anchored by Grocery Anchored Center (Over 1.7M Visitors/Year)
  • Located Along Chicago's Affluent & Highly Desirable North Shore Submarket

OVERVIEW

Lee & Associates and Bang Realty are pleased to present the opportunity to acquire a single-tenant Walgreens located at 2871 Pfingsten Road in Glenview, Illinois, within the highly desirable North Shore submarket of the Chicago MSA. The property consists of a 15,167 square foot retail building situated on approximately 1.62 acres. Originally constructed in 1990 and fully renovated in 2014, the asset features Walgreens’ modern prototype design, including a drive-thru pharmacy, and benefits from its positioning within the Glenbrook Marketplace. Strategically positioned along Pfingsten Road with combined traffic counts exceeding 51,000 vehicles per day, the property benefits from strong visibility and access within a dominant retail corridor. The site is anchored within Glenbrook Marketplace and shadow-anchored by Plaza Del Prado, a high-performing grocery-anchored center generating over 1.7 million annual visits. The surrounding North Shore area features affluent demographics, with average household incomes exceeding $200,000 within a 3-mile radius, and serves a dense and established suburban population just 20 miles north of downtown Chicago.

FOR SALE DETAILS

PRICE

$7,061,000 USD

PRICE/SF

$466 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

B-2

APN/PARCEL ID

04-21-110-024-0000

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.