Walgreens
Walgreens | Absolute NNN | Madison, WI | 8% CAP Rate
Marketing description
CRER is pleased to exclusively present a fee simple ownership interest on a Walgreens located in Madison, Wisconsin. The Subject Property (the “Property” or “Walgreens”) consists of approximately 1.17 acres located at the northwest corner of Raymond Road & South Whitney Way of Dane County. Affixed to the Property is a free-standing, single-story, 15,555-square foot retail building with two drive thru lanes and 55 parking spaces.
The building was built in 2007 as a build-to-suit for Walgreens and is adjacent to a multi-tenant retail center, known as Meadwood Center, providing great synergy amongst the neighboring retailers. The Property benefits from the signalized intersection; generating a traffic count of over 20,100 vehicles per day and providing great visibility and easy ingress & egress access from either side of the street. The Property is also located less than 5 miles (14-minute drive) from the University of Wisconsin-Madison with an enrollment of 51,500 (Fall 2025) students and a member of the Big Ten Conference.
Investment highlights
6.5+ YEARS REMAINING ON ABSOLUTE-NET LEASE
Zero Landlord Responsibilities
NATIONAL RETAIL PHARMACEUTICAL CO. | S&P RATING: BB-
Second Largest Drug Retailer in the US With Over 12,700+ Locations Worldwide
BUILD-TO-SUIT STORE WITH 2 DRIVE-THRU LANES
Easily Accessible From Three Points of Ingress/Egress
STRATEGICALLY LOCATED WITHIN RESIDENTIAL AREA
Located Across from a Middle and Elementary School for a combined student enrollment of over 785
GREAT VISIBILITY FROM 4-WAY SIGNALIZED INTERSECTION
Traffic Count In Excess of 20,100+ Vehicles Per Day
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