Investment Overview

Marcus & Millichap is pleased to offer for sale a net-leased Walgreens in Milwaukee, Wisconsin. The Property's current lease has +/-3.5 years of firm lease term remaining at this established Walgreens store. Walgreens is positioned on the hard corner signalized intersection within a dense residential area with other major national retailers nearby serving the community such as Kroger. This serves as a major thoroughfare for vehicles as they traverse into Downton Milwaukee and this intersection features over 30,000 VPD traversing in front of the property daily. The Subject Property is located less than two miles and a six-minute drive into the campus of Marquette University which has a student enrollment of over 11,000 students and was recently ranked as the 56th best College in the US by the Wall Street Journal. The infill location and lower rent PSF provides an incoming investor a drug store asset at a lower-than-average price point with attractive deal fundamentals