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Drug Store

Walgreens - Madison MSA

401 W Main St, Waunakee, WI 53597

Listing Price: $4,827,275

Cap Rate
5.50%
Tenant Name
Walgreens
Years Remaining On Lease
7.7
Guarantor
Corporate Guarantee
Rentable SF
15,120
Lease Type
Double Net
Rent Per Square Feet
$17.56

Investment Overview

This passive investment opportunity offers a qualified buyer 7.8 years of a credit worthy tenant with minimal landlord responsibilities. This particular Walgreens has strong store sales and is committed to the site.

Investment Highlights

  • 7.8 years remaining on a long standing Walgreens with strong store sales
  • Walgreens has recently executed a 10 year lease extension, showing commitment to the location
  • Very Minimal landlord responsibilities, all expenses are either reimbursed or performed by tenant
  • Site has a vital drive-thru and multiple points of access
  • Strategically located on the corner of the area's most prominent intersection, Main St and Century Ave
  • Waunakee is an affluent suburb of Madison, just 12 miles north of the downtown area
  • Madison and the surrounding areas are currently experiencing significant population growth and increased development
  • Walgreens is an Investment Grade Credit Tenant, S&P rated BBB

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Drug Store

Walgreens - Madison MSA

Listing Price: $4,827,275

Cap Rate
5.50%
Tenant Name
Walgreens
Years Remaining On Lease
7.7
Guarantor
Corporate Guarantee
Rentable SF
15,120
Lease Type
Double Net
Rent Per Square Feet
$17.56

Investment Highlights

  • 7.8 years remaining on a long standing Walgreens with strong store sales
  • Walgreens has recently executed a 10 year lease extension, showing commitment to the location
  • Very Minimal landlord responsibilities, all expenses are either reimbursed or performed by tenant
  • Site has a vital drive-thru and multiple points of access
  • Strategically located on the corner of the area's most prominent intersection, Main St and Century Ave
  • Waunakee is an affluent suburb of Madison, just 12 miles north of the downtown area
  • Madison and the surrounding areas are currently experiencing significant population growth and increased development
  • Walgreens is an Investment Grade Credit Tenant, S&P rated BBB

Investment Overview

This passive investment opportunity offers a qualified buyer 7.8 years of a credit worthy tenant with minimal landlord responsibilities. This particular Walgreens has strong store sales and is committed to the site.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

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