305 Racine St - Freestanding FOR SALE


Menasha, WI 54952
$3,850,615 USD
703-477-1315
305 Racine St, Menasha, WI for Sale
$3,850,615 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate

305 Racine St
Menasha, WI 54952


HIGHLIGHTS

  • NNN Lease with Renewal Options
  • Approximately 13 miles northeast of Oshkosh, WI
  • 3.5 MSF of retail, 2.9 MSF of office, 10.2 MSF of industrial and 3,748 multi-family units within a 3 mile radius of the site

OVERVIEW

CBRE is pleased to exclusively offer for sale the 13,890 square-foot Walgreens situated on 1.32 acres in Menasha, WI - a component of the Oshkosh-Neenah, WI MSA (population: 171,900+). The site is subject to a ±14.2-year absolute NNN lease with a 5% rent increase every 5 years throughout the term and in each of the twelve 5-year renewal options.

FOR SALE DETAILS

PRICE

$3,850,615 USD

PRICE/SF

$277 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens: Menasha, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

C1

APN/PARCEL ID

1-00275-02

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.