N 168 W 21330 Main St - Drug Store FOR SALE
Jackson, WI 53037 |
$2,662,830 USD
404-504-7900
N 168 W 21330 Main St
Jackson, WI 53037
HIGHLIGHTS
- Recently-Extended Absolute NNN Lease | Eleven, 5-Year Options to Renew
- Located Less Than 23 Miles Northwest of Downtown Milwaukee (MSA Population: 1.57M+)
- Located at the Hard Corner of the Signalized Intersection of Industrial Drive and Main Street (12,800 VPD)
- Less Than a Mile from the On-Ramp for West Bend Freeway (32,600 VPD)
- 1.5 MSF of Retail, 8.0 MSF of Industrial & 1,292 Multifamily Units within 5-Miles
- Surrounding Retail Synergies Include: Piggy Wiggly, Ace Hardware, McDonald's, Dairy Queen, Culver's, Domino's Pizza, Subway, etc.
OVERVIEW
CBRE is pleased to offer for sale the 14,765-square-foot Walgreens situated on 2.57 acres in Jackson, Wisconsin--part of the Milwaukee-Waukesha, WI MSA (Population: 1.57M+). 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
$2,662,830 USD
PRICE/SF
$180 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens: Jackson, WI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
85
LAND DETAILS
LAND ACRES
2.57 AC
LAND SF
111,949 SF
ZONING
-
APN/PARCEL ID
V3-007400B
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