Marcus & Millichap closed the sale of Walgreens, a 14,490-square-foot net-leased property in Machesney Park, Illinois. The asset sold for $4.2 million.
Joe J. Sparano, Dan Yozwiak, and Darpan Patel, investment specialists in Marcus & Millichap’s Columbus and Tampa offices, had the exclusive listing to market the property on behalf of the seller, a limited liability company. Steven Weinstock, Illinois Broker of Record, assisted in closing this transaction.
Walgreens is located at 1680 W. Lane Road in Machesney Park. The asset was built in 2008 and is located on a hard, signalized corner of two multi-lane roads with excellent visibility.
