Hard Corner Location | 25,000+ VPD | Dual Access Points

• The Property sits at the hard corner of West Glen Avenue and North Sheridan Road, with combined exposure to over 25,000 vehicles per day across the two roadways.

• Walgreens features two points of access, one on each roadway, providing for greater ease of ingress and egress from both West Glen and North Sheridan.

• Both roads connect to State Route 150 and State Route 40, providing direct access to nearby Interstate 74 and convenient travel to and from downtown Peoria.

Within 1 Mile of Carle Health Proctor Hospital | Near Additional Major Hospitals

• The Property is located less than 1 mile from Carle Health Proctor Hospital, a 205-bed facility, providing for steady daytime traffic and consistent demand for the Walgreens pharmacy.

• Within approximately 4 miles is Carle Health Methodist Hospital, a 329-bed hospital and the flagship of Carle Health Greater Peoria.

• Adjacent to Carle Health Methodist are OSF HealthCare Saint Francis Medical Center, an approximately 640-bed teaching hospital, and the Children’s Hospital of Illinois, the third-largest pediatric hospital in the state.

• Due to the proximity to these major hospitals, the surrounding area features a dense concentration of medical offices, clinics, and healthcare providers, underscoring Walgreens’ demand for the area where residents within 1 mile and 3 miles generate roughly $2 million and $12.9 million, respectively, in annual prescription-drug spending.

Recently Extended Absolute NNN Lease | Corporate Guarantee

• The Property is subject to a long-term Absolute NNN lease with Walgreens which provides for zero landlord responsibilities and a completely passive investment. The lease is backed by a corporate guarantee for added security.

• Walgreens recently exercised a lease extension through 2032, showcasing their commitment to this location and to the surrounding area. This extension is followed by six (6) five-year renewal options that provide for a 5% rental increase at the beginning of each option period.

• Walgreens has operated continuously at this location since 2002 and remains one of the largest drugstore operators in the United States, lending strong, established tenant recognition.

Situated Amongst Rooftops & Local Schools | $89,500+ Avg HH Income

• The Property is supported by a built-out, established trade area with over 9,000 residents within 1 mile and more than 68,000 residents within 3 miles.

• Households within 1 mile of the Property earn an average income exceeding $89,500, while those within 3 miles average over $80,500, providing for healthy disposable income across the trade area.

• The Property sits within approximately 1 mile of multiple schools serving hundreds of students, both situated directly along the Property’s frontage roads and generating steady student, parent, and staff traffic in the immediate area.

  • Just north of the Property along North Sheridan is Peoria Notre Dame High School (700+ students).

  • Situated along West Glen are Peoria Heights Grade School & High School (725+ total students), as well as Concordia Lutheran School (150+ students).

• Additionally, less than 1.5 miles away is the Peoria campus for Illinois Central College, which accounts for about 30% of the college’s total credit-hour enrollment.

Strong Daytime Workforce | 8,500+ Employees Within 1 Mile | Near Peoria’s Top Employers

• The Property benefits from a strong daytime workforce, with over 8,500 employees within 1 mile and more than 61,000 employees within 3 miles, providing for consistent daytime demand at the Property.

• In addition to the major healthcare facilities, the Property is near many of Peoria’s largest employers such as Caterpillar Inc. (12,000+ employees) Vonachen Group (1,200+ employees), Komatsu America Corp. (1,000+ employees), and many others.

Situated in Peoria’s Primary Retail Corridor with Major National Retailers

• West Glen and North Sheridan form one of Peoria’s primary retail corridors, surrounded by national retailers. Within a half-mile of the Property along North Sheridan are Kroger, Hy-Vee, Papa John’s, and Dairy Queen, while West Glen features Schnucks, Starbucks, Chili’s, QDOBA, and many more.

• Other nearby national retailers and shopping centers include Walmart Supercenter, Hobby Lobby, Michaels, and the Glen Hollow Shopping Center (Target, Lowe’s, PetSmart), among others.

• The Property is approximately 2 miles from Northwoods Mall and 5 miles from The Shoppes at Grand Prairie, two of central Illinois’s largest retail destinations.