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Walgreens

401 W Main St, Waunakee, WI 53597

Price:
$3,540,000
CAP Rate:
7.50%
NOI:
$265,500
Net Rentable Area:
15,120 SF
Lot Size:
1.54 Acres
Year Built:
2000
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • PASSIVE SLEEP-AT-NIGHT OPPORTUNITY The NNN lease calls for minimal landlord obligations, tenant is responsible for paying insurance, taxes and maintenance expenses
  • COMMUNITY STAPLE Walgreens has recently executed a 10 year lease extension, showing commitment to the location
  • STABLE INVESTMENT GRADE TENANT Walgreens Boots Alliance is publicly traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated “BBB-” by S&P
  • STRATEGICALLY LOCATED RETAIL CORNER Excellent visibility on a main-and-main in tersection with multiple access points offering convenience and e-commerce resistance, including a drive-thru pharmacy
  • STRONG AND AFFLUENT DEMOGRAPHICS Just 20 minutes north of Madison, Wauankee has experienced a 20% population increase in recent years and it ’s residents are earning over $127,000 per year on average

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

info@nnndeal.com

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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