| Price $3,667,712 | Built/Renov 2008 | Tenant Walgreens |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,844
| Lease Start
06-30-2023
| #Units
8,896
|
| Price/SF $247.08 | Expiration
06-30-2038
| Tenant Type Pharmacy |
| NOI $229,232 | R. Term 14.1 | Ownership Fee Simple |
| Rent/SF
$15.44
| Increases 0.0%/0/yrs | Pop 5Mi 10,178 |
| Lot/AC 1.55 | Options 10/5yrs | AHHI 5Mi $102,311 |
| | |
Walgreens is strategically located at the signalized, hard corner intersection of N Main Street and E Tyranena Park Road, with access to a combined daily traffic count of 21,900 vehicles. The property is conveniently situated just south of Interstate 94 (37,500 VPD) which links Milwaukee to Madison. Additionally, it is surrounded by national retailers including Lake Mills Market, Ace Hardware,...
...Signalized intersection
Hard corner intersection
Near major nationals
Freeway visibility
Affluent AHHI $100K 5 Mi
Absolute NNN
Long 10+ yr lease
Limited competition
Traded and rated company
Investment grade tenant
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,969 | 8,755 | 10,330 |
| 2023 Total Population : | 3,938 | 8,621 | 10,178 |
| 2023 Employed Civilian Pop : | 2,157 | 4,690 | 5,538 |
| 2023 Total Businesses : | 232 | 334 | 361 |
| 2023 Average Household Income : | $ 90,371 | $ 98,819 | $ 102,311 |
| 2023 Total Consumer Spending : | $ 132 M | $ 301 M | $ 364 M |
| 2023 Median Age : | 41 | 42 | 42 |
| 2023 Total Households : | 1,714 | 3,567 | 4,175 |
| 2023 Pop Age 25+: Bachelor's Degree : | 556 | 1,508 | 1,814 |
| 2023 Average Home Value : | $ 288,101 | $ 331,178 | $ 342,580 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Co Rd V | N Main St | 2015 | 9,900 | 0.04 mi |
| N Main St | Co Rd V | 2018 | 6,700 | 0.04 mi |
| Co Rd V | N Main St | 2009 | 3,000 | 0.08 mi |
| N Main St | Co Rd V | 2018 | 12,000 | 0.08 mi |
| I- 94 | N Main St | 2018 | 2,900 | 0.21 mi |
| I- 94 | N Main St | 2018 | 3,900 | 0.28 mi |
| 2018 | 2,500 | 0.29 mi | ||
| 2015 | 2,800 | 0.30 mi | ||
| E Grant St | W Grant St | 2009 | 640 | 0.32 mi |
| W Madison St | Fremont St | 2015 | 2,400 | 0.48 mi |
Clinton, NY
Cap Rate 6.25%
Lease Double NN
R. Term 7.80 yrs
Size/SF 10,055
Beaumont, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 12.90 yrs
Size/SF 10,908
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
