Walgreens: Sauk City, WI
Retail | 7.75% CAP | 13,650 SqFt
Marketing description
CBRE is pleased to exclusively offer for sale the 13,650-square-foot Walgreens situated on 1.37 acres in Sauk City, WI (Population: 67,070).
Investment highlights
Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.
Situated just off the banks of the Wisconsin River, Walgreens is located with excellent access and visibility along US-12 (18,600 VPD), which is the main thoroughfare through Sauk City.
Walgreens is immediately surrounded by retailers like Piggly Wiggly, McFarlane’s TrueValue, Ace Hardware, Family Dollar, Bob’s Outlet, O’Reilly Auto Parts, Auto Value, McDonald’s, Culver’s, Dunkin’, Pizza Hut, Kwik Trip, Ford, Chevrolet and Chrysler dealerships, to name a few.
Additionally, the property is surrounded by industrial uses like Coating Place, Inc. Food Manufacturing (110,000 SF facility) and McFarlane Manufacturing (manufacturing facility - ag tillage and structural steel fabrication), contributing to consistent local economic activity.
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