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8058641
8058642

1901 S Oneida St, Appleton, WI 54915

RL
CA 01466991
Equity Investment Advisors
Listed by Equity Investment Advisors
$3,765,000
112 days on market
Updated 16 days ago

Walgreens

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,000
Cap Rate 7.6%
NOI $286,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Term 13
Lease Expiration 08/30/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options 12 5-Year
Price per SqFt $290
Year Built 1992
Acreage 1.150
Parking Spaces 39 spaces
Parking Per SqFt 3.00
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/31/2022
Ground Lease No

1 Mile from Ascencion Hospital

Marketing description

Brand new 13 year fee simple absolute NNN lease with no landlord responsibilities. The lease is guaranteed by Walgreens. The lease contains RARE five percent (5%) rent increases every five (5) years with 12 5-Year options. The signing of this new lease confirms its dedication to this store.

The traffic count on S. Oneida Street has over 16,400 vehicles per day. It is strategically located in a strong retail corridor surrounded by national tenants including Pizza Hut, Dairy Queen and Shell gas station. Walgreens is less than one mile from St. Elizabeth Campus of Ascension NE Wisconsin Hospital (279 beds) as well as State Highway 47, which is the main northwest-southeast highway in Wisconsin.

Investment highlights

  • 13 year fee simple absolute NNN

  • 5% rent increases every five (5) years

  • Corporate Guarantee

  • No landlord responsibilities

  • Less than 1 mile from Ascension Hospital (279 beds)

  • Driven by over 16,400 vehicles per day

  • Drive Thru for Customer Convenience

Listing Contacts

RL
CA 01466991
Equity Investment Advisors
Listed by Equity Investment Advisors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$286,000.00
$23,833.33/mo

Valuation Metrics

0
DSCR
7.6%
Cap Rate
7.6%
ROI

Map

Zoning

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PD/C-2 OverlayPlanned Development Overlay General Commercial
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Last updated Jan 6, 2026 For deeper zoning details, reports are available at Zoneomics

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