Boulder Group Brokers $6.7 Million Sale Of Walgreens Property in Chicago

Lakemoor, Ill. – Walgreens has 25 years remaining on its lease that began in November 2013.

walgreens lakemoor webWalgreens is the sole occupant of the single-tenant, triple-net-leased property of which The Boulder Group brokered the sale in Lakemoor, Ill.Lakemoor, Ill. – The Boulder Group has brokered the $6.7 million sale of a 14,820-square-foot Walgreens property in Lakemoor, a Chicago suburb approximately 25 miles north of Schaumburg. Walgreens is the sole occupant of the single-tenant, triple-net-leased property. Walgreens has 25 years remaining on the lease that began in November 2013. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a Midwest-based developer, as well as the buyer, a private investor who purchased the property in a 1031 tax-deferred exchange.

Danielle Everson

 

 

 

 

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