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1057 E Main St
Galesburg, IL 61401

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.13 AC
Zoning
C

ABOUT 1057 E MAIN ST , GALESBURG, IL 61401

The 13,650 square foot Walgreens benefits from its hard corner location along East Main Street (10,700 VPD) which is a primary east-west thoroughfare. Additionally the property is located immediately off of Interstate 74 (15,400 VPD) which connects Galesburg to Davenport and Peoria. Retailers in the immediate area include Hy-Vee, McDonald’s, Circle K, Harley-Davidson and Family Dollar. The Walgreens property is also near Knox College, a top 100 liberal arts college. The Walgreens lease expires June 30, 2028 and features ten 5-year renewal option periods. Walgreens is the largest drug retailing chain in the United States and has over 8,175 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $73 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.

PROPERTY TAXES

  • Listing ID: 14371375

  • Date on Market: 11/13/2018

  • Last Updated:

  • Address: 1057 E Main St, Galesburg, IL 61401