Overview

Listing ID:#20193032

Building SF:14,844

Parcel Size:1.55 Acres

Price:$2,957,900

Building PSF:$199.27

Property Type:Retail

Date Available:Now

Walgreens Lake Mills, WI Offering Memorandum.pdf

7.75% Cap | 12+ Yrs Absolute NNN Lease

Investment Offering: Walgreens' absolute NNN lease was extended through 2038 and now features 12.3 years of primary term remaining with eleven, 5-year options to renew. Walgreens is positioned with excellent access and visibility at the hard corner, signalized intersection of North Main Street (11,300 VPD) and East Tyranena Park Road (6,700 VPD). Download the Offering Memo for more info.

Financial Information

Net Op. Income:$229,232

Cap Rate:7.75%

Percent Leased:100%

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:2007

Year Renovated:0

Current Use:Pharmacy and consumer goods

Number of Floors:1

Links

Property Website - Download Offering Memo

Contact Listing Agent

Brian Wolff

608-441-7572
608-513-9653
Email

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