Walgreens NNN Property For Sale — Franklin, WI
9527 S 27th St, Franklin, WI 53132
This offering features a Walgreens property located in Franklin, WI, an affluent suburb within the Milwaukee MSA. Walgreens, a leading national drugstore chain and a division of Walgreens Boots Alliance, operates on a passive net lease with minimal landlord obligations, making this an attractive investment opportunity. The property benefits from its strategic location on a signalized hard corner, ensuring strong visibility and accessibility. As an essential retailer, Walgreens demonstrates a recession-resistant business model, appealing to a broad customer base. The surrounding area boasts an average household income exceeding $127,894 within a 5-mile radius, indicating a strong demographic profile. The site is conveniently located near Ascension Wisconsin Hospital and has limited nationa…
- Address: 9527 S 27th St, Franklin, WI 53132
- Asking price $3.52M
- 8.50% cap rate
- NOI $298,989
- 4.2 years remaining
- nn lease
- Year built: 2000
- Building size: 13,743 SF
- Lot size: 2.08 acres
- Lease expiration: Nov 30, 2030
- Rent increases: Flat (Subject to Percentage Rents)
- Guarantor: Corporate
Location
This Walgreens property is at 9527 S 27th St in Franklin, Wisconsin.
Asset type: Drugstore