walgreens pharmacy chicagoland suburb...walgreens pharmacy chicagoland suburb • fresh 25 year nnn...

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Walgreens Pharmacy Chicagoland Suburb Fresh 25 Year NNN Lease Affluent suburb of Chicago; 30 miles west Avg Household Income $117,078 Over 60,000 people within 3 miles Relocation of an existing store to freestanding corner Delivers to Walgreens in April Walgreens corporate guarantee (NYSE:WAG) Investment grade credit True NNN lease with zero cost exposure $7,980,000 5.00% CAP Rate Deerfield Partners John Giordani Art Griffith (415) 685-3035 team@deerfieldteam.com

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Page 1: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • AffluentsuburbofChicago;30mileswest• AvgHouseholdIncome$117,078• Over60,000peoplewithin3miles• Relocationofanexistingstoretofreestandingcorner• DeliverstoWalgreensinApril• Walgreenscorporateguarantee(NYSE:WAG)• Investmentgradecredit• TrueNNNleasewithzerocostexposure

$7,980,000

5.00%CAPRate

DeerfieldPartnersJohn GiordaniArtGriffith(415)[email protected]

Page 2: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

PriceCAPAnnualIncomeFirmLeaseTermRentIncreasesDebt

$7,980,0005.00%$399,000Fresh25YearFirmTerm(newWalgreensdealsareonly20yearsfirm)FLATRENTlike99outof100Walgreensleases.Buyertoobtainnewdebtatmarket.Attractiveloansavailable.Pleasecalltodiscussoptions.

ThisisoneofthelastopportunitiesforaninvestortoacquireanewWalgreenswith25yearsofguaranteedcashflow.

Thisisawelllocatedpropertyjust30mileswestofdowntownChicago.SignalizedcorneronbusyStateRoute59(Sutton)atStearnsRoad,withsoliddemographicsandtrafficcounts.StrongretailtradeareawiththecorneranchoredbyTheHomeDepot.

Bartlettoffersanunusualcombinationofhighaveragehouseholdincomesalongwithhighpopulationdensity.ArguablythebestcombinationofhighincomesandpopulationcountsavailableintheWalgreensmarkettoday.

InvestmentSummary

AboutThisInvestmentOpportunity

SolidDemographics,ExcellentVisibilityandAmpleParking

1 Mile 3 Mile 5 Mile

Population 4,981 61,330 195,947

Avg. HH Income $117,078 $99,743 $91,910

SituatedonthebusycornerofStateRoute59(Sutton)andStearnsRoad,thisisarelocationofanexistingstoretoafreestanding,hard-cornerlocation.

Excellentvisibilityandampleparking.

Page 3: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

AddressCityState

StateRoute59(Sutton)&StearnsBarlettIllinois

Walgreens(NYSE:WAG)April1,2014None75yearsTenantmayterminateleaseeveryyearwith12monthsnotice.None.Leaseistrulytriple-net(NNN).Zerolandlordcostexposure.

201412,900Sq.Ft.

YearBuiltBldg Size

TenantRentStartDateRentIncreasesLeaseTermOptionsatYear26Landlord Costs

PropertyDetails

LeaseSummary

RegionalMap/AboutBartlett,Illinois

Bartlett isavillageandaffluentsuburb, located just30mileswestofdowntownChicago.

Apartfromthedowntownarea,BartletthasalargeretailareacenteredbytheintersectionofIllinoisRoute59andStearnsRoad.Businessesinclude,butarenotlimitedto:TheHomeDepot,Dominick’s,AnytimeFitness,TuesdayMorning, RadioShack, 5/3 Bank, First Midwest Bank,TheDupageHealthCenter,Mcdonald’s,OberweisDairy,Taco Bell, KFC, Wendy’s, Dunkin’ Donuts, Nicodino’sPizzaandaSonicDrive-In.

Page 4: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

AerialPhoto

Page 5: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

SitePlan

Page 6: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

AboutWalgreens

FinancialHighlights

Walgreensisthe#1pharmacyinAmericabyanymeasure.Foundedin1901,andtradedontheNewYorkStockExchange(NYSE:WAG),Walgreensoperates8,385locationsinall50states,theDistrictofColumbiaandPuertoRico.Walgreensiswidelyregardedasthesafest,mostsecuresingle-tenantNNNleasedinvestmentpropertybecauseofitsstrongbalancesheetandmarketcapitalization.

ForthefiscalyearendedAugust31,2012:

• Grossrevenuewas$71.6Billion• Netprofitwas$2.1Billion• Networthwas$18.2Billion

2012 2011 Increase (Decrease)

Net Sales $71,633 $ 72,184 (0.8%)Net Earnings (1) $ 2,127 $ 2,714 (21.6%)Adjusted Net Earnings (2) $ 2,565 $ 2,710 (5.4%)Net Earnings per Common Share (diluted) (1) $ 2.42 $ 2.94 (17.7%)Adjusted Net Earnings per Common Share (diluted) (2) $ 2.93 $ 2.93 —Shareholders’ Equity $18,236 $ 14,847 22.8% Return on Average Shareholders’ Equity 12.9% 18.6%Closing Stock Price per Common Share $ 35.76 $ 35.21Total Market Value of Common Stock $ 33,759 $ 31,312Dividends Declared per Common Share $ .9500 $ .7500Average Shares Outstanding (diluted) 880 924

(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc. (2) This is a non-GAAP measure. See Reconciliation of Non-GAAP Financial Measures on page 44.

Financial HighlightsFor the years ended August 31, 2012 and 2011 (In millions, except per share amounts)

2012 2011 2010 2009 2008

Locations Openings New Locations 212 261 388 602 608 Acquisitions 54 36 282 89 423 Closings 91 133 120 129 94 Net Openings 175 164 550 562 937 Locations (1) 8,385 8,210 8,046 7,496 6,934 Sales Area (2) 87,049 85,619 83,719 78,782 72,585

Product Class Sales Prescription Drugs 63% 65% 65% 65% 65% Non-prescription Drugs (3) 12% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%

(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.

Company Highlights

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Walgreens Fiscal Year Stock PerformanceFiscal year-end closing price per share in dollars

2012 Walgreens Annual Report 1

2012 2011 Increase (Decrease)

Net Sales $71,633 $ 72,184 (0.8%)Net Earnings (1) $ 2,127 $ 2,714 (21.6%)Adjusted Net Earnings (2) $ 2,565 $ 2,710 (5.4%)Net Earnings per Common Share (diluted) (1) $ 2.42 $ 2.94 (17.7%)Adjusted Net Earnings per Common Share (diluted) (2) $ 2.93 $ 2.93 —Shareholders’ Equity $18,236 $ 14,847 22.8% Return on Average Shareholders’ Equity 12.9% 18.6%Closing Stock Price per Common Share $ 35.76 $ 35.21Total Market Value of Common Stock $ 33,759 $ 31,312Dividends Declared per Common Share $ .9500 $ .7500Average Shares Outstanding (diluted) 880 924

(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc. (2) This is a non-GAAP measure. See Reconciliation of Non-GAAP Financial Measures on page 44.

Financial HighlightsFor the years ended August 31, 2012 and 2011 (In millions, except per share amounts)

2012 2011 2010 2009 2008

Locations Openings New Locations 212 261 388 602 608 Acquisitions 54 36 282 89 423 Closings 91 133 120 129 94 Net Openings 175 164 550 562 937 Locations (1) 8,385 8,210 8,046 7,496 6,934 Sales Area (2) 87,049 85,619 83,719 78,782 72,585

Product Class Sales Prescription Drugs 63% 65% 65% 65% 65% Non-prescription Drugs (3) 12% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%

(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.

Company Highlights

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2012 Walgreens Annual Report 1

Page 7: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

2012 2011 Increase (Decrease)

Net Sales $71,633 $ 72,184 (0.8%)Net Earnings (1) $ 2,127 $ 2,714 (21.6%)Adjusted Net Earnings (2) $ 2,565 $ 2,710 (5.4%)Net Earnings per Common Share (diluted) (1) $ 2.42 $ 2.94 (17.7%)Adjusted Net Earnings per Common Share (diluted) (2) $ 2.93 $ 2.93 —Shareholders’ Equity $18,236 $ 14,847 22.8% Return on Average Shareholders’ Equity 12.9% 18.6%Closing Stock Price per Common Share $ 35.76 $ 35.21Total Market Value of Common Stock $ 33,759 $ 31,312Dividends Declared per Common Share $ .9500 $ .7500Average Shares Outstanding (diluted) 880 924

(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc. (2) This is a non-GAAP measure. See Reconciliation of Non-GAAP Financial Measures on page 44.

Financial HighlightsFor the years ended August 31, 2012 and 2011 (In millions, except per share amounts)

2012 2011 2010 2009 2008

Locations Openings New Locations 212 261 388 602 608 Acquisitions 54 36 282 89 423 Closings 91 133 120 129 94 Net Openings 175 164 550 562 937 Locations (1) 8,385 8,210 8,046 7,496 6,934 Sales Area (2) 87,049 85,619 83,719 78,782 72,585

Product Class Sales Prescription Drugs 63% 65% 65% 65% 65% Non-prescription Drugs (3) 12% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%

(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.

Company Highlights

12111009080706050403

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2012 Walgreens Annual Report 1

WalgreensExperience

About the CoverUnder the watchful eye of his mother, 2-year-old Caetano Hinojosa feels better already, with the help of his neon purple Walgreens brand bandage. Walgreens is currently updating its branding on more than 2,000 private brand health and wellness products. Through consistent packaging and product messaging, the rebranding will reinforce the Company’s purpose to help people get, stay and live well.

At Walgreens, we’re on a mission to help customers get, stay and live well. To do that, we’re making health and happiness more acces-sible to more people every day.

We’re bringing our pharmacists out from behind the counter, so customers can get the expertise they need to feel a little more healthy. Our in-store beauty advisors help shoppers find the perfect shade of lipstick for a little boost of happy. Our online store and apps bring customers instant access to an endless aisle of products and advice, like live chat with a pharmacist. And our new loyalty program – Balance Rewards – offers happy savings and healthy incentives in perfect balance.

Walgreens. At the Corner of Happy and Healthy™

2012 Milestones• Walgreens is the nation’s largest drugstore chain, with fiscal 2012 net sales of $71.6 billion

and net earnings of $2.1 billion. The Company has 240,000 employees.

• Cash flow from operations for fiscal 2012 was a record $4.4 billion, with free cash flow also setting a record of $2.9 billion.

• The Company continued to return significant cash to shareholders, with $1.2 billion in share repurchases and $787 million in dividends.

• The Company announced a truly game-changing, strategic partnership with Alliance Boots to create the first global pharmacy-led, health and wellbeing enterprise. Walgreen Co. closed on the first phase of the transaction in August, acquiring a 45 percent stake.

• In July, the Company signed a multiyear agreement with Express Scripts, consistent with our principles, to participate in its broadest retail pharmacy network. On September 15, customers began returning to Walgreens.

• The Company also recently launched its innovative BalanceTM Rewards loyalty program, its next significant step in making Walgreens the first choice for health and daily living.

• To continue to expand and integrate our pharmacy, health and wellness offering, Walgreens acquired USA Drug, Crescent Pharmacy and certain assets of BioScrip, adding pharmacy locations in the U.S. mid-South, and additional infusion and specialty pharmacy services to its portfolio.

• Walgreens continued the expansion of its Well Experience pilot format with nearly 350 stores opened across the chain by the end of fiscal 2012. In addition, the Company now has flagship stores in Chicago, New York, Las Vegas and Puerto Rico, with additional locations planned for fiscal 2013.

• The Company continued to develop its multichannel capabilities with new mobile innovations. With Transfer by Scan, customers can transfer prescriptions using their mobile device. QuickPrints helps customers print mobile phone photos in just one hour, and In Store Maps makes items easy to find at any Walgreens location.

• Walgreens was named to Fortune magazine’s World’s Most Admired Companies list for the 19th consecutive year, and was ranked 32nd on the Fortune 500 list of largest U.S.-based companies.

Page 8: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Rankings&Ratings

FortunemagazineAmerica’sMostAdmiredCompaniespublishedMarch2013Walgreensrankedfifthamongfoodanddrugstoresandislistedforthe20thconsecutiveyear.

Fortunemagazine500LargestU.S.-BasedCompaniespublishedMay2013Walgreensranked37thoverallinrevenue,thirdamongfoodanddrugstores.

FortunemagazineGlobal500LargestCompaniespublishedJuly2013Walgreensranked120thoverallinrevenue.

ForbesGlobal2000publishedApril2012Walgreensranked220thonthislistofthe2000largestpubliccompaniesworldwide.

FastCompanymagazine“Fast50”issuepublishedFebruary2013Walgreensrankedasthe7thmostinnovativehealthcarecompanyforitsleadershipinredefiningtheroleofthepharmacy.Themagazinecitednewmobileappfeaturesthathelppatientsmanagetheirmedicationsaswellasthecompany’spartner-shipswiththeCDCandtheDepartmentofHealthandHumanServicestoexpandin-storeHIVtesting,whichcreatedanewstandardforthepatient-pharmacyrelationship.

FortunemagazineGlobalMostAdmiredCompaniespublishedMarch17,2008WalgreensrankedseventhamongfoodanddrugstoresandNo.36amongthe50mostadmiredcompanies.

Fortunemagazine40BestStocksToRetireOnpublishedJune23,2008WalgreensmadethelistofrecommendedBargainGrowthstocks.

ForbesPlatinum400ListpublishedJanuary12,2009WalgreensagainmadethislistofthebestperformingbigcompaniesintheUnitedStates

Page 9: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

WalgreensStoresNationwideRECYCLED

ERECYCLED

E

For Our ShareholdersCorporate HeadquartersWalgreen Co.108 Wilmot Road Deerfield, Illinois 60015 (847) 315-2500

Stock Market Listings New York Stock Exchange The NASDAQ Stock Market LLC Chicago Stock Exchange Symbol: WAG

Investor Contacts Rick J. Hans, CFA Divisional Vice President of Investor Relations & Finance (847) 315-2385 [email protected]

Lisa Meers, CFA Manager of Investor Relations (847) 315-2361 [email protected]

Annual Shareholders’ Meeting You are cordially invited to attend the meeting to be held Wednesday, January 11, 2012, at 2 p.m. CST, in the Grand Ballroom, Navy Pier, Chicago, Illinois. Formal notice of the meeting, with proxy card and proxy statement, was sent to all shareholders of record as of November 14, 2011.

Investor InformationAs of September 30, 2011, Walgreens had 84,643 shareholders of record.

Investor information is available at http://investor.walgreens.com. This includes corporate governance guidelines, charters of all committees of the Board of Directors, quarterly reports, press releases, proxy statements, the Company’s Code of Ethics for Financial Executives, Code of Business Conduct and the 2011 Annual Report. These and other reports may also be obtained without charge upon request to:

Shareholder RelationsWalgreen Co. — Mail Stop #1833 108 Wilmot Road Deerfield, Illinois 60015 (847) 315-2922 http://investor.walgreens.com/InvestorKit.cfm

Walgreens has provided certifications by the Chief Executive Officer and Chief Financial Officer regarding the quality of the Company’s public disclosure, as required by Section 302 of the Sarbanes-Oxley Act, on Exhibit 31 to its Annual Report on Form 10-K. Our Chief Executive Officer made an unqualified certification to the New York Stock Exchange with respect to our compliance with NYSE corporate governance listing standards in January 2011.

Electronic Reports To receive proxy statements, annual reports and related materials electronically, refer to the proxy statement sent to shareholders with this annual report. After January 11, 2012, call Nicholas Zangler at (847) 315-2636 or go to http://investor.walgreens.com/InvestorKit.cfm to request electronic delivery.

Quarterly Reporting Dates Quarterly earnings release dates for fiscal 2012 are December 21, March 27, June 26 and September 28. Results are released to the press and posted on the Walgreen website at http://investor.walgreens.com.

Dividend Payment Dates Walgreens pays dividends in March, June, September and December. Checks are customarily mailed on the 12th of each of these months.

Transfer Agent and Registrar For assistance on matters such as lost shares or name changes on shares, please contact:

Wells Fargo Bank, N.A. Shareowner Services 161 North Concord Exchange Street South Saint Paul, MN 55075-1139 www.wellsfargo.com/shareownerservices (888) 368-7346

Direct Stock Purchase Plan Wells Fargo Shareowner Services sponsors and administers a direct stock purchase plan as a convenient method of acquiring Walgreen stock by cash payments, reinvestment of dividends or both. For an information booklet and enrollment form, please call (888) 368-7346. General inquiries to Wells Fargo Bank, N.A. regarding your Walgreen stock should also be directed to (888) 368-7346.

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Walgreens Stores Nationwide

Walgreens Additional Points of Care (as of August 31, 2011):

Infusion and respiratory services facilities 83

Mail-order facilities 2

On-site pharmacies in hospitals and medical centers 137

Specialty pharmacies 9

Take Care Clinics 357

Worksite health and wellness centers 355

Page 10: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

DrugstoreCount

Revenue

NetIncome

0%

5%

10%

15%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Total Drugstores 3,520 3,880 4,224 4,579 4,950 5,415 5,885 6,443 6,997 7,562 7,761YOY % Growth 11.2% 10.2% 8.9% 8.4% 8.1% 9.4% 8.7% 9.5% 8.6% 8.1% 2.6%Free Standing 80% 80% 80% 82% 84% 85% 86% 87% 88% 85% 85%24 Hour 23% 23% 26% 30% 31% 29% 28% 25% 23% 21% 21%1 Hour Photo 98% 98% 98% 99% 99% 98% 97% 97% 97% 94% 93%Drive-Thru 78% 78% 78% 80% 82% 84% 85% 86% 87% 85% 84%

YO

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Drugstore Count

Walgreen Co. 2012 3

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10,000

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40,000

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2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Revenue 24,623 28,681 32,505 37,508 42,202 47,409 53,762 59,034 63,335 67,420 72,184YOY % Growth 16.1% 16.5% 13.3% 15.4% 12.5% 12.3% 13.4% 9.8% 7.3% 6.4% 7.1%

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2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Net Income 875 1,008 1,165 1,350 1,560 1,751 2,041 2,157 2,006 2,091 2,714YOY % Growth 14.2% 15.2% 15.6% 15.9% 15.5% 12.3% 16.6% 5.7% -7.0% 4.2% 29.8%Profit Margin 3.6% 3.5% 3.6% 3.6% 3.7% 3.7% 3.8% 3.7% 3.2% 3.1% 3.8%

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* Adjusted NI = $2,441 excluding sale of WHI. YOY% Growth = 16.7%. Net Margin = 3.4%.

*

Walgreen Co. 2012 10

Page 11: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

DrugstoreCount

Revenue

NetIncome

Demographics-1MileRadiusDemographic and Income ProfileLat: 5157186.452556, Lon: -9819177.348437 Prepared by Art GriffithBarlett, IllinoisRing: 1 mile radius Latitude: 41.974673772

Longitude: -88.20717089

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

18

16

14

12

10

8

6

4

2

0

2013 Household Income

<$15K3.5%

$15K - $24K2.7%

$25K - $34K2.9%

$35K - $49K5.8%

$50K - $74K9.8%$75K - $99K

18.3%

$100K - $149K35.2%

$150K - $199K16.4%

$200K+5.5%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

80

70

60

50

40

30

20

10

0

2013 Percent Hispanic Origin: 6.8%

January 25, 2014

©2014 Esri Page 2 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.

Page 12: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics-1MileRadiusDemographic and Income ProfileLat: 5157186.452556, Lon: -9819177.348437 Prepared by Art GriffithBarlett, IllinoisRing: 1 mile radius Latitude: 41.974673772

Longitude: -88.20717089

Summary Census 2010 2013 2018Population 5,002 4,981 5,028Households 1,669 1,673 1,697Families 1,436 1,435 1,449Average Household Size 3.00 2.98 2.96Owner Occupied Housing Units 1,604 1,602 1,630Renter Occupied Housing Units 65 71 68Median Age 41.7 42.5 42.9

Trends: 2013 - 2018 Annual Rate Area State NationalPopulation 0.19% 0.26% 0.71%Households 0.29% 0.32% 0.74%Families 0.19% 0.15% 0.63%Owner HHs 0.35% 0.54% 0.94%Median Household Income 0.81% 3.14% 3.03%

2013 2018 Households by Income Number Percent Number Percent

<$15,000 58 3.5% 47 2.8%$15,000 - $24,999 45 2.7% 29 1.7%$25,000 - $34,999 48 2.9% 36 2.1%$35,000 - $49,999 97 5.8% 70 4.1%$50,000 - $74,999 164 9.8% 115 6.8%$75,000 - $99,999 306 18.3% 344 20.3%$100,000 - $149,999 589 35.2% 635 37.4%$150,000 - $199,999 275 16.4% 322 19.0%$200,000+ 92 5.5% 99 5.8%

Median Household Income $105,791 $110,126Average Household Income $117,078 $127,824Per Capita Income $38,942 $42,715

Census 2010 2013 2018 Population by Age Number Percent Number Percent Number Percent

0 - 4 242 4.8% 230 4.6% 235 4.7%5 - 9 330 6.6% 307 6.2% 302 6.0%10 - 14 410 8.2% 392 7.9% 386 7.7%15 - 19 417 8.3% 382 7.7% 362 7.2%20 - 24 267 5.3% 265 5.3% 225 4.5%25 - 34 407 8.1% 468 9.4% 503 10.0%35 - 44 699 14.0% 637 12.8% 643 12.8%45 - 54 995 19.9% 922 18.5% 833 16.6%55 - 64 799 16.0% 850 17.1% 875 17.4%

65 - 74 280 5.6% 364 7.3% 487 9.7%75 - 84 111 2.2% 114 2.3% 129 2.6%

85+ 45 0.9% 48 1.0% 47 0.9%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,431 88.6% 4,372 87.8% 4,330 86.1%Black Alone 59 1.2% 71 1.4% 95 1.9%American Indian Alone 13 0.3% 15 0.3% 18 0.4%Asian Alone 369 7.4% 381 7.6% 414 8.2%Pacific Islander Alone 1 0.0% 1 0.0% 1 0.0%Some Other Race Alone 67 1.3% 74 1.5% 91 1.8%Two or More Races 62 1.2% 67 1.3% 80 1.6%

Hispanic Origin (Any Race) 299 6.0% 337 6.8% 415 8.3%Data Note: Income is expressed in current dollars.

January 25, 2014

©2014 Esri Page 1 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.

Page 13: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics-3MileRadiusDemographic and Income ProfileLat: 5157186.452556, Lon: -9819177.348437 Prepared by Art GriffithBarlett, IllinoisRing: 3 mile radius Latitude: 41.974673772

Longitude: -88.20717089

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

14

12

10

8

6

4

2

0

2013 Household Income

<$15K4.3%

$15K - $24K6.4%

$25K - $34K5.6%

$35K - $49K10.1%

$50K - $74K15.7%

$75K - $99K16.2%

$100K - $149K26.2%

$150K - $199K10.2%

$200K+5.3%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

2013 Percent Hispanic Origin: 18.1%

January 25, 2014

©2014 Esri Page 4 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.

Page 14: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics-3MileRadiusDemographic and Income ProfileLat: 5157186.452556, Lon: -9819177.348437 Prepared by Art GriffithBarlett, IllinoisRing: 3 mile radius Latitude: 41.974673772

Longitude: -88.20717089

Summary Census 2010 2013 2018Population 61,079 61,330 62,152Households 20,375 20,489 20,813Families 16,073 16,082 16,255Average Household Size 2.99 2.99 2.98Owner Occupied Housing Units 17,581 17,495 17,889Renter Occupied Housing Units 2,794 2,994 2,923Median Age 36.2 36.7 37.3

Trends: 2013 - 2018 Annual Rate Area State NationalPopulation 0.27% 0.26% 0.71%Households 0.31% 0.32% 0.74%Families 0.21% 0.15% 0.63%Owner HHs 0.45% 0.54% 0.94%Median Household Income 2.48% 3.14% 3.03%

2013 2018 Households by Income Number Percent Number Percent

<$15,000 874 4.3% 750 3.6%$15,000 - $24,999 1,312 6.4% 936 4.5%$25,000 - $34,999 1,141 5.6% 963 4.6%$35,000 - $49,999 2,070 10.1% 1,696 8.1%$50,000 - $74,999 3,215 15.7% 2,497 12.0%$75,000 - $99,999 3,311 16.2% 3,984 19.1%$100,000 - $149,999 5,373 26.2% 6,183 29.7%$150,000 - $199,999 2,100 10.2% 2,582 12.4%$200,000+ 1,092 5.3% 1,221 5.9%

Median Household Income $85,422 $96,531Average Household Income $99,743 $112,232Per Capita Income $33,239 $37,490

Census 2010 2013 2018 Population by Age Number Percent Number Percent Number Percent

0 - 4 4,537 7.4% 4,369 7.1% 4,397 7.1%5 - 9 4,612 7.6% 4,629 7.5% 4,734 7.6%10 - 14 4,832 7.9% 4,764 7.8% 5,022 8.1%15 - 19 4,366 7.1% 4,211 6.9% 4,121 6.6%20 - 24 3,157 5.2% 3,344 5.5% 2,958 4.8%25 - 34 7,900 12.9% 7,820 12.8% 7,663 12.3%35 - 44 9,948 16.3% 9,409 15.3% 9,497 15.3%45 - 54 9,950 16.3% 9,760 15.9% 9,216 14.8%55 - 64 6,864 11.2% 7,429 12.1% 7,765 12.5%

65 - 74 2,913 4.8% 3,528 5.8% 4,465 7.2%75 - 84 1,428 2.3% 1,464 2.4% 1,686 2.7%

85+ 573 0.9% 604 1.0% 627 1.0%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 45,230 74.1% 44,832 73.1% 44,377 71.4%Black Alone 2,049 3.4% 2,128 3.5% 2,263 3.6%American Indian Alone 299 0.5% 306 0.5% 330 0.5%Asian Alone 8,685 14.2% 8,947 14.6% 9,547 15.4%Pacific Islander Alone 16 0.0% 18 0.0% 21 0.0%Some Other Race Alone 3,422 5.6% 3,626 5.9% 3,986 6.4%Two or More Races 1,377 2.3% 1,474 2.4% 1,628 2.6%

Hispanic Origin (Any Race) 10,480 17.2% 11,086 18.1% 12,240 19.7%Data Note: Income is expressed in current dollars.

January 25, 2014

©2014 Esri Page 3 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.

Page 15: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics-5MileRadiusDemographic and Income ProfileLat: 5157186.452556, Lon: -9819177.348437 Prepared by Art GriffithBarlett, IllinoisRing: 5 mile radius Latitude: 41.974673772

Longitude: -88.20717089

AreaStateUSA

Trends 2013-2018

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3

2.5

2

1.5

1

0.5

0

20132018

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

1514131211109876543210

2013 Household Income

<$15K4.8%

$15K - $24K7.1%

$25K - $34K6.2%

$35K - $49K10.7%

$50K - $74K20.4%

$75K - $99K16.7%

$100K - $149K21.2%

$150K - $199K8.3%

$200K+4.7%

2013 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

65

60

55

50

45

40

35

30

25

20

15

10

5

0

2013 Percent Hispanic Origin: 24.5%

January 25, 2014

©2014 Esri Page 6 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.

Page 16: Walgreens Pharmacy Chicagoland Suburb...Walgreens Pharmacy Chicagoland Suburb • Fresh 25 Year NNN Lease • Affluent suburb of Chicago; 30 miles west • Avg Household Income $117,078

Walgreens Pharmacy Bartlett, Illinois

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics-5MileRadiusDemographic and Income ProfileLat: 5157186.452556, Lon: -9819177.348437 Prepared by Art GriffithBarlett, IllinoisRing: 5 mile radius Latitude: 41.974673772

Longitude: -88.20717089

Summary Census 2010 2013 2018Population 194,949 195,947 198,807Households 63,976 64,411 65,552Families 49,620 49,702 50,312Average Household Size 3.03 3.02 3.02Owner Occupied Housing Units 54,090 53,783 55,149Renter Occupied Housing Units 9,886 10,627 10,403Median Age 35.3 35.8 36.6

Trends: 2013 - 2018 Annual Rate Area State NationalPopulation 0.29% 0.26% 0.71%Households 0.35% 0.32% 0.74%Families 0.24% 0.15% 0.63%Owner HHs 0.50% 0.54% 0.94%Median Household Income 2.43% 3.14% 3.03%

2013 2018 Households by Income Number Percent Number Percent

<$15,000 3,103 4.8% 2,801 4.3%$15,000 - $24,999 4,548 7.1% 3,319 5.1%$25,000 - $34,999 3,974 6.2% 3,485 5.3%$35,000 - $49,999 6,896 10.7% 5,808 8.9%$50,000 - $74,999 13,135 20.4% 10,538 16.1%$75,000 - $99,999 10,728 16.7% 13,349 20.4%$100,000 - $149,999 13,643 21.2% 16,134 24.6%$150,000 - $199,999 5,378 8.3% 6,748 10.3%$200,000+ 3,004 4.7% 3,368 5.1%

Median Household Income $75,924 $85,613Average Household Income $91,910 $103,584Per Capita Income $30,290 $34,231

Census 2010 2013 2018 Population by Age Number Percent Number Percent Number Percent

0 - 4 14,182 7.3% 13,792 7.0% 14,018 7.1%5 - 9 14,280 7.3% 14,282 7.3% 14,517 7.3%10 - 14 14,973 7.7% 14,592 7.4% 15,158 7.6%15 - 19 14,496 7.4% 13,522 6.9% 12,976 6.5%20 - 24 11,186 5.7% 11,762 6.0% 10,282 5.2%25 - 34 27,491 14.1% 27,667 14.1% 27,500 13.8%35 - 44 30,204 15.5% 29,304 15.0% 30,324 15.3%45 - 54 31,173 16.0% 29,850 15.2% 27,762 14.0%55 - 64 21,433 11.0% 23,516 12.0% 24,660 12.4%

65 - 74 9,428 4.8% 11,253 5.7% 14,258 7.2%75 - 84 4,456 2.3% 4,640 2.4% 5,421 2.7%

85+ 1,647 0.8% 1,767 0.9% 1,933 1.0%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 137,533 70.5% 136,201 69.5% 134,616 67.7%Black Alone 8,258 4.2% 8,593 4.4% 9,153 4.6%American Indian Alone 1,224 0.6% 1,258 0.6% 1,365 0.7%Asian Alone 26,256 13.5% 26,855 13.7% 28,367 14.3%Pacific Islander Alone 60 0.0% 67 0.0% 78 0.0%Some Other Race Alone 16,427 8.4% 17,435 8.9% 19,165 9.6%Two or More Races 5,192 2.7% 5,538 2.8% 6,063 3.0%

Hispanic Origin (Any Race) 45,390 23.3% 48,004 24.5% 52,858 26.6%Data Note: Income is expressed in current dollars.

January 25, 2014

©2014 Esri Page 5 of 6

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.