Walgreens: Menasha, WI
Retail | 6.50% CAP
Marketing description
CBRE is pleased to exclusively offer for sale the 13,890 square-foot Walgreens situated on 1.32 acres in Menasha, WI - a component of the Oshkosh-Neenah, WI MSA (population: 171,900+). The site is subject to a ±13.2-year absolute NNN lease with a 5% rent increase every 5 years throughout the term and in each of the twelve 5-year renewal options.
Investment highlights
NNN LEASE WITH RENEWAL OPTIONS
The site is subject to a ±13.2-year absolute NNN lease with a 5% rent increase every 5 years throughout the term and in
each of the twelve 5-year renewal options.
EXCELLENT ACCESS & VISIBILITY
Located approximately 13 miles northeast of Oshkosh, WI, Walgreens is positioned at the hard-corner, signalized
intersection of Racine Street (10,100 VPD) and 3rd Street (12,400 VPD). The site is directly adjacent to Subway, and is
immediately across the street from Taco Bell to the west and Marathon Gas to the south.
RETAIL & COMMERCIAL CORRIDOR
In total, there are 3.5 MSF of retail, 2.9 MSF of office, 10.2 MSF of industrial and 3,748 multi-family units within a 3-mile
radius of the site. Major retailers in the surrounding area include McDonald’s, USPS, Family Dollar, Citgo, Ace Hardware
and U-Haul, to name a few.
OSHKOSH-NEENAH, WI MSA
The Oshkosh-Neenah, WI Metropolitan Statistical Area (population: 171,900+) is a metropolitan area located in eastern
Wisconsin. It consists of two main cities: Oshkosh and Neenah, which are situated along the Fox River. The area is known
for its strong manufacturing industry, with a significant presence of companies such as Oshkosh Corporation and Snapon
Incorporated, among others. Additionally, the MSA is home to the University of Wisconsin-Oshkosh (7,949 students)
and Fox Valley Technical College (11,711 students), which contribute to the area’s economic and educational landscape.
The Oshkosh-Neenah MSA is a vital part of the Fox Valley region, offering a unique blend of industry, education, and
community resources that support the growth and development of its residents.
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