| Low Rent Compared to Store Fleet – Walgreens typically pays between $280,000 and $320,000 in annual rent at comparable locations |
| Established 30-Year Operating History – Walgreens has successfully operated at this location since 1994, demonstrating more than three decades |
| Rare 21% Rent Increase – At the end of the current term and upon another waived termination option |
| Downside Protection – Walgreens assets with similar building size and lot size are commonly priced between $3 million and $6 million |
| State Capital Economic Anchor – Springfield, the capital of Illinois, benefits from a stable, government-driven economy |
| Essential Tenant – Walgreens remains one of the most important retailers in the country, with approximately 8,000 locations, 211,000 team members |
Conrad Sarreal
Matthews Real Estate Investment Services
