Walgreens NNN Property For Sale — Granite City, IL
3732 Nameoki Rd, Granite City, IL 62040
This Absolute Net Leased Walgreens is located in Granite City, Illinois, a key retail destination within the Greater St. Louis Metropolitan Area. The property features a 16,380 SF free-standing building with a drive-thru, situated on a 1.98-acre parcel along a highly trafficked thoroughfare with over 18,000 vehicles per day. Granite City is strategically positioned near major interstate highways, offering seamless regional access and strong connectivity to St. Louis. The area boasts a diverse mix of national retailers and benefits from proximity to Southern Illinois University Edwardsville and Southwestern Illinois College, contributing to steady consumer activity. Additionally, nearby medical centers further drive daytime traffic and demand for essential services. This Absolute NNN Lease…
- Address: 3732 Nameoki Rd, Granite City, IL 62040
- Asking price $3.05M
- 6.99% cap rate
- NOI $213,103
- 0.9 years remaining
- NNN lease
- Year built: 2007
- Building size: 16,380 SF
- Lot size: 1.98 acres
- Lease expiration: Jan 31, 2027
- Guarantor: Corporate
Location
This Walgreens property is at 3732 Nameoki Rd in Granite City, Illinois.
Asset type: Drug Store