9527 S 27th St - Drug Store FOR SALE


Franklin, WI 53132
$3,737,250 USD
305-697-3197
9527 S 27th St, Franklin, WI for Sale
$3,737,250 USD
Drug Store - FOR SALE
1/7
null | 8% Cap Rate

9527 S 27th St
Franklin, WI 53132


HIGHLIGHTS

  • This investment features a national tenant backed by Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 500 company operating over 8,500 locations.
  • The property is prominently positioned on a signalized hard corner with strong frontage at W Ryan Rd (˜ 555.6 ft) and South 27th St (˜ 704.6 ft).
  • Walgreens has closed a number of stores as part of a strategic rightsizing initiative. As a result, the average visits per location have increased.
  • Walgreens has maintained long-term occupancy at this location since 2000, underscoring tenant stability and familiarity in the market.
  • The 15,120 SF building sits on a 2.1-acre site, offering long-term flexibility for potential redevelopment or repositioning.
  • Potential cash-oncash returns exceeding 10%, driven by in-place income and an available financing structure that may allow enhanced leverage.

OVERVIEW

We are pleased to exclusively offer for sale the 15,120 SF Walgreens located at 9527 South 27th Street in Franklin, WI. This investment features a long-term tenant commitment, with Walgreens maintaining occupancy at this location since 2000, highlighting tenant stability and strong market familiarity. The property sits on a 2.1-acre site, offering significant potential for future redevelopment or repositioning, providing long-term flexibility for investors. In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker - Lic. #938545-91 BoR: Scott Reid - Lic. WI #58772-90

FOR SALE DETAILS

PRICE

$3,737,250 USD

PRICE/SF

$247 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - Franklin, WI

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

83

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,476 SF

ZONING

-

APN/PARCEL ID

902-9964-002

ASK ABOUT THIS PROPERTY

Jacob StrahlerSands Investment GroupMore Info
305-697-3197

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Jacob StrahlerSands Investment GroupMore Info
305-697-3197

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