Skip to main content

Drug Store

Walgreens - High Store Sales! - Waunakee WI (PORTFOLIO OPTION)

401 W Main St, Waunakee, WI 53597

Listing Price: $3,792,857

Cap Rate
7.00%
Tenant Name
Walgreens
Years Remaining On Lease
5.9
Guarantor
Corporate Guarantee
Rentable SF
15,120
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.56

Investment Overview

Available individually or as a portfolio, ask about our other midwest Walgreens locations.

WALGREENS
Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries.

MADISON, WI
The Madison metro is situated in south-central Wisconsin, roughly 80 miles west of Milwaukee, 150 miles northwest of Chicago and 270 miles southeast of Minneapolis. The market consists of Dane, Columbia, Iowa and Green counties. Madison is the state’s capital city and comprises more than 60 percent of the metro’s population, with 281,000 citizens. The largest public university in the state is also located in the city of Madison, providing local employers with a stream of young and educated personnel. Metro wide, population growth of 37,000 people is expected during the next five years.

Investment Highlights

  • 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 intersection 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

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 - High Store Sales! - Waunakee WI (PORTFOLIO OPTION)

Listing Price: $3,792,857

Cap Rate
7.00%
Tenant Name
Walgreens
Years Remaining On Lease
5.9
Guarantor
Corporate Guarantee
Rentable SF
15,120
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.56

Investment Highlights

  • 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 intersection 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

Investment Overview

Available individually or as a portfolio, ask about our other midwest Walgreens locations. WALGREENS Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries. MADISON, WI The Madison metro is situated in south-central Wisconsin, roughly 80 miles west of Milwaukee, 150 miles northwest of Chicago and 270 miles southeast of Minneapolis. The market consists of Dane, Columbia, Iowa and Green counties. Madison is the state’s capital city and comprises more than 60 percent of the metro’s population, with 281,000 citizens. The largest public university in the state is also located in the city of Madison, providing local employers with a stream of young and educated personnel. Metro wide, population growth of 37,000 people is expected during the next five years.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

Financing By

MM Texture Background
MM Textured Background Lower