120 E MAIN ST Streator IL 61364-2901

Northmarq is pleased to present to qualified investors the opportunity to acquire a five-property Walgreens portfolio spanning Missouri, Indiana, Illinois, and Wisconsin (“The Portfolio”). Leased to Walgreen Co., the Portfolio offers investors a diversified income stream supported by Walgreens’ long-term occupancy, with all five locations operating continuously for over 20 years—demonstrating consistent demand and stable tenancy across the Portfolio.

Each Property is a freestanding, high-visibility location situated on a signalized hard corner with strong traffic counts and entrenched retail demand. The Portfolio combines stable, in-place cash flow with strategic lease rollover—creating a compelling mix of downside protection and value-add upside.

The five assets total more than 86,000 square feet and generate nearly $1.6 million in annual base rent. The Portfolio features a weighted average lease term remaining of 3 years, 11 months and is offered fee simple, free and clear of existing debt. All six leases include multiple five-year renewal options, preserving future income potential for long-term investors.

• Consistent Demand And Stable Tenancy Across the Portfolio

• Lease Type: Abs NNN and NN

• All Five Locations Operating Continuously For Over 20 Years

• Five Assets Total More Than 71,660 SF and Generate Nearly $1.6 Million in Annual Base Rent

• Excellent Performance Metrics

• Freestanding, High-Visibility Properties Situated on Signalized Hard Corners w/ Strong Traffic Counts and Entrenched Retail Demand

Walgreens has operated at this location for more than 30 years, underscoring the site’s long-standing role within the retailer’s footprint.​ The Property is backed by a NN lease with landlord responsibilities limited to roof and structure and includes six five-year renewal options, offering investors a stable and low-maintenance income stream through the long-term lease.​ Streator’s trade area is experiencing steady income growth while the local economy is supported by major employers including Vactor Manufacturing, OSF HealthCare, Owens-Illinois, and U.​S.​ Foods, which help drive consistent demand for essential services.​

Decades-Long Tenancy Paired with Long-Term Passive Lease Structure
Operating since 1994 under long-term lease. Landlord responsible only for roof and structure.

Growing Trade Area with Steady Income Gains
Avg. HH income (5-mile): $74,126 -> $84,192 | 2.58% annual growth through 2029.

Prominent Downtown Location with Excellent Access and Visibility
Hard corner of Main & Park Streets with strong daily exposure in city core.

Established Retail Corridor with Diverse Tenancy
13,000 SF on 1.51 acres with drive-thru. Ample parking and adaptable layout.

Ongoing Infrastructure Investment Enhancing Trade Area
$4M water system upgrade underway & $1.7M Iowa Avenue reconstruction improving connectivity.

• Only National Pharmacy in 30-Minute Drive | LIMITED DRUGSTORE COMPETITION -
• 25+ Year Successful Operating History w/ Consistent Store Sales Performance and establish customer base.
• Long-Term Corporately Guaranteed Lease by Investment Grade (S&P Rated BBB) Walgreens
• STABLE PASSIVE INCOME $14,895 / Month $178,750 / Year
• Strategically Located in the Center of Town next to the Town Hall by St Marys Hospital, Streator High School and several other doctor offices
• Low Price Point and Rent Factor
• Signalized Corner w/ Double Drive-Thru Pharmacy
• No Rite Aids in the State of Illinois | No Competition
• At only $193 / Sq ft. and only $13.75 Rent / Sq.ft this property is priced significantly below Replacement Cost and below market rents limiting chances of relocation.