333 Phillips Blvd - Drug Store FOR SALE


Sauk City, WI 53583
$3,424,600 USD
703-477-1315
333 Phillips Blvd, Sauk City, WI for Sale
$3,424,600 USD
Drug Store - FOR SALE
1/4
null | 7.75% Cap Rate

333 Phillips Blvd
Sauk City, WI 53583


HIGHLIGHTS

  • Absolute NNN Lease
  • Surrounded by retailers like Piggly Wiggly, McFarlane’s TrueValue, Ace Hardware, Family Dollar, Bob’s Outlet, O’Reilly Auto Parts, etc.
  • Surrounded by industrial uses like Coating Place, Inc. Food Manufacturing (110,000 SF facility) and McFarlane Manufacturing.

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$3,424,600 USD

PRICE/SF

$251 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens: Sauk City, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

C2

APN/PARCEL ID

181-0173-00000

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 Notice.