900 1st Ave - Drug Store FOR SALE


Woodruff, WI 54568
$4,135,000 USD
248-702-0288
900 1st Ave, Woodruff, WI for Sale
$4,135,000 USD
Drug Store - FOR SALE
1/5
null | 7.5% Cap Rate

900 1st Ave
Woodruff, WI 54568


HIGHLIGHTS

  • Zero Drug Store Competition: Nearest CVS, Walgreens, or Rite Aid is over 80 miles away
  • Strong Reported Store Sales: Subject site is performing at high level for corporate
  • Absolute Net Lease: No landlord responsibilities required
  • Corporate-Guaranteed Lease: Backed by Walgreens Co., ensuring stability and reliability
  • Prime Building Size and Lot: 14,460 square feet situated on a 1.99-acre lot
  • Affluent Community: Average household income exceeds $89,482 within a 1- mile radius

OVERVIEW

Zero Drug Store Competition: Nearest CVS, Walgreens, or Rite Aid is over 80 miles away Strong Reported Store Sales: Subject site is performing at high level for corporate Absolute Net Lease: No landlord responsibilities required for incoming investor Corporate-Guaranteed Lease: Backed by Walgreens Co., ensuring stability and reliability Prime Building Size and Lot: 14,460 square feet situated on a 1.99-acre lot Prototypical Freestanding Design: Features a drive-thru for added convenience Affluent Community: Average household income exceeds $96,546 within a 1-mile radius High Traffic Visibility: Combined traffic counts at the intersection surpass 23,907 vehicles per day Strategic Location: Located near Howard Young Medical Center, a 24-hour emergency facility (99 Beds) Prominent Neighboring Retailers: Includes Walmart Supercenter, Culver's, Advance Auto Parts, and others Tourism Hub: Woodruff serves as the heart of a thriving tourist industry, offering diverse accommodations, attractions, and year-round outdoor recreational opportunities

FOR SALE DETAILS

PRICE

$4,135,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

7.5%

% 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

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

CM

APN/PARCEL ID

04001-0017-0001

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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