W62N190 Washington Ave - Drug Store FOR SALE


Cedarburg, WI 53012
$4,175,000 USD
415-577-9311
W62N190 Washington Ave, Cedarburg, WI for Sale
$4,175,000 USD
Drug Store - FOR SALE
1/14
null | 9.75% Cap Rate

W62N190 Washington Ave
Cedarburg, WI 53012


OVERVIEW

This is an attractive opportunity to acquire a freestanding, absolute NNN Walgreens in Cedarburg, Wisconsin, one of the most desirable suburban communities in the Milwaukee metropolitan area. The property is located in an affluent, established trade area that benefits from strong household incomes and long-term demographic stability. Walgreens has operated at this location for many years and continues to generate consistent in-store sales, supporting the tenant’s commitment to the site. The property is positioned at a highly visible, signalized intersection with excellent access and strong surrounding retail synergy. The absolute NNN lease structure provides passive, bond-like income with zero landlord responsibilities.

FOR SALE DETAILS

PRICE

$4,175,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

9.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

-

APN/PARCEL ID

130510304027

ASK ABOUT THIS PROPERTY

John GiordaniDrugstore Property AdvisorsMore Info
415-577-9311

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John GiordaniDrugstore Property AdvisorsMore Info
415-577-9311

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