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IllinoisRetail

Marcus & Millichap arranges the sale of downstate Walgreens asset

August 10, 2020
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Marcus & Millichap brokered the sale of a 13,650-square foot Walgreens located in Centralia, Illinois, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. Terms of the transaction were not disclosed.

Brian Parmacek and Victor Cornelio, investment specialists in Marcus & Millichap’s Chicago Downtown office, had the exclusive listing to market the property on behalf of the seller, and secured the buyers in the transaction as well. The buyers, One Family Property, are out of Bloomfield Hills, Michigan and New York City.

This Walgreens is located at 225 North Elm Street in Centralia, Illinois and has been operating at his location since 2003. The property features a double pharmacy drive-through window, abundant on-site parking and excellent visibility from the signalized intersection of North Elm Street and East McCord Street.

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