The Boulder Group is pleased to exclusively market for sale a single tenant net leased property located in Milwaukee, Wisconsin. The lease is absolute triple net and features no landlord responsibilities. Walgreens recently subleased the property to Carniceria La Hacienda, a Mexican grocery store and butcher shop.
The 14,467 square-foot building is located at a signalized intersection with over 55,000 vehicles per day. It benefits from its proximity to Downtown Milwaukee and Interstate 94 (141,000 VPD). This is a densely populated area with more than 444,000 people living within a five-mile radius, where 76.9% of the population within a one-mile radius is Hispanic. The average household income in the area is $84,000. The property is also near major traffic draws, including Aurora St. Luke’s Medical Center (560 beds), Clement J. Zablocki Veterans Affairs Medical Center (673 beds), and American Family Field, home of the Milwaukee Brewers.