Overview

Listing ID:#20192952

Building SF:13,650

Parcel Size:1.37 Acres

Price:$3,424,600

Building PSF:$250.89

Property Type:Retail

Date Available:Now

12+ Year Absolute NNN Lease

Great opportunity to own a quality building in an excellent location - leased to a credit tenant (Walgreens) with over 12 years left on the initial term. 5% rent increases, every 5 years. Walgreen's ranks #26 on the 2025 Fortune 500 list. Walgreen Co. operates as a wholly-owned subsidiary of Walgreen's Boots Alliance, Inc. ("WBA"). WBA was taken private by Sycamore Partners in August 2025.

Financial Information

Net Op. Income:$265,401

Cap Rate:7.75%

Percent Leased:100%

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:2008

Current Use:Pharmacy, personal care and household retailer

Outside Parking:Yes

Outside Parking per 1,000 sf:59

Contact Listing Agent

Brian Wolff

608-441-7572
608-513-9653

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