N65W25055 Main St - Retail FOR SALE


Sussex, WI 53089
$4,035,000 USD
773-727-4285
N65W25055 Main St, Sussex, WI for Sale
$4,035,000 USD
Retail - FOR SALE
1/1
null | 7.65% Cap Rate

N65W25055 Main St
Sussex, WI 53089


HIGHLIGHTS

  • Recent 12-Year Lease Extension
  • Long-Term Tenancy w/ Outstanding Sales Performance
  • Signalized Corner Location with Excellent Accessibility
  • Kohl’s Outparcel Site
  • Outstanding Demographics
  • Large Site with Drive-Thru Pharmacy & Ample Parking

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee-simple interest in the Walgreens asset located in Sussex, WI (“The Property”). The Property consists of a +/- 14,560 square foot freestanding building, on large 2.52 parcel of land with ample parking and drive-thru. Walgreens recently extended their lease for 12 years at this location demonstrating the success and commitment to the site. Additionally, the lease features minimal landlord responsibilities making this ideal. See Lease Abstract for full details.

FOR SALE DETAILS

PRICE

$4,035,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,279 SF

ZONING

-

APN/PARCEL ID

SUXV-0228-999-011

ASK ABOUT THIS PROPERTY

BJ FellerNorthmarqMore Info
773-727-4285

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BJ FellerNorthmarqMore Info
773-727-4285

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