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Views: 119 DOM: 164 Updated: 11.08.24 Posted: 07.10.24 Status: Active

Summary

Price $3,100,000
Built/Renov 2004
Tenant Walgreens
Cap Rate 7.00%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 13,500
Lease Start 08-01-2009
#Units 13,532
Price/SF $229.63
Expiration 05-31-2036
Tenant Type Pharmacy
NOI $216,945
R. Term 11.5
Ownership Fee Simple
Rent/SF $16.07
Increases 0.0%/0/yrs
Pop 5Mi 157,300
Lot/AC 1.13
Options 6/5yrs
AHHI 5Mi $81,330

Lease Highlights

  • Walgreens has been operating in this location for over 15 years
  • The tenant has 11+ years remaining on the current lease term with 6 (5-year) options to extend
  • Low rent | Strong residuals
  • Corporate guarantee | Investment grade tenant

Location Description

Walgreens is strategically located at the signalized, hard corner intersection of S Oneida Street and Cormier Road, with access to a combined daily traffic count of 30,900 vehicles. The property is conveniently situated less than 1 mile from Lambeau Field/Titletown in Green Bay, making it the closest pharmacy to the stadium. Lambeau Field, with a capacity of 81,441, is the largest venue in the...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About 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...


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Demographics

  1 Miles 3 Miles 5 Miles
2029 Total Population : 6,788 71,528 159,109
2024 Total Population : 6,301 70,024 157,062
2024 Employed Civilian Pop : 3,210 36,321 82,774
2024 Total Businesses : 772 3,744 6,839
2024 Average Household Income : $ 70,331 $ 84,941 $ 86,412
2024 Total Consumer Spending : $ 194 M $ 2299 M $ 5083 M
2024 Median Age : 43 40 38
2024 Total Households : 3,123 30,737 66,761
2024 Pop Age 25+: Bachelor's Degree : 1,006 11,127 23,335
2024 Average Home Value : $ 317,844 $ 292,291 $ 299,185
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
S Oneida St Cormier Rd 2018 18,900 0.04 mi
Cormier Rd Gross St 2015 7,200 0.17 mi
S Oneida St Willard Dr 2006 19,500 0.22 mi
S Oneida St Marvelle Ln 2018 15,300 0.24 mi
Cormier Rd San Luis Pl 2018 7,500 0.26 mi
Cormier Rd Gross St 2015 6,800 0.27 mi
Gross St Bayland Ct 2006 7,200 0.29 mi
Anderson Dr Sun Valley Ct 2009 2,200 0.35 mi
S Oneida St Bay PkSq 2018 23,400 0.39 mi
Gross St Marvelle Ln 2009 7,400 0.40 mi

Listing Broker

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