Listed by Bang Realty
$3,972,973
Walgreens
Details
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 15,120
Net Rentable (SqFt) 15,120
Cap Rate 9.25%
NOI $367,500
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type NN
Lease Term 32.1
Lease Expiration 10/30/2032
Remaining Term 6.4
Rent Bumps No
Lease Options 5, 5-year options remaining
Price per SqFt $263
Year Built 2000
Buildings 1
Stories 1
Acreage 3.270
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/12/2000
Occupancy Date 10/12/2000
Retail | 9.25% CAP | 15,120 SqFt
Marketing description
Grocery Anchored Trade Area: Pick n Save is located down the street with other retailers including Starbucks, McDonald’s, Culvers, Napa, and AutoZone.
Investment Grade Tenant: Walgreens Boots Alliance, ranked #28 in the fortune 500, is rated BBB- in the S&P
Investment highlights
Hard Corner Location: Positioned at the signalized hard corner of Good Hope Rd. and N. 91st St. which averages 47,000 VPD.
Daytime Employee Population: Walgreens is situated near an industrial park that brings over 40,000 daily commuters to the area.
Interstate Access: Down the street from interchange access with I-41 (123,000 VPD) and Fond du Lac Freeway (18,650 VPD) providing plenty of traffic to the area.
Affluent Local Consumer Base: Average household income within 1 mile is $98,000.
Listing Contacts
Listed by Bang Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$367,500.00
$30,625.00/mo
Valuation Metrics
0
DSCR
9.25%
Cap Rate
9.25%
ROI
Map
Zoning
LB1 CommercialGeneral CommercialLocal Business Districts
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View all 156 uses Last updated Apr 10, 2026 For deeper zoning details, reports are available at Zoneomics
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