For Sale
$5,291,139

729 W Northland Ave Appleton, WI 54914

High-performing Appleton, WI Walgreens

Overview

Added:
Jan 24
Days on market:
94
This exceptional investment opportunity presents a chance to acquire a Walgreens property located at 729 W Northland Ave, Appleton, WI 54914. The property boasts a 14,490 square foot building situated on a 1.87-acre lot and features a convenient drive-thru. This Walgreens is consistently ranked among the top 250 performing stores nationwide, according to Placer AI, demonstrating strong sales and profitability. The property benefits from an absolute NNN lease, eliminating landlord responsibilities and providing significant financial stability. The lease includes a corporate guarantee from Walgreens (NASDAQ:WBA) and offers the tenant fifty (50) years of options with twelve-month cancellation rights. This prime location in Appleton, Wisconsin, places the property near major retailers such as Kohl's, Aldi, McDonald's, and Starbucks, ensuring high visibility and consistent customer traffic. Appleton is a thriving city, the sixth-most populous in Wisconsin, and is part of the Fox Cities metropolitan area, offering a robust and growing market. This investment presents a rare opportunity to acquire a high-performing, low-maintenance asset with exceptional long-term potential. The property's strong performance, secure lease terms, and prime location make it an attractive investment for discerning buyers.

Highlights

  • High-performing Walgreens in Appleton, WI, with an absolute NNN lease.
  • Strong corporate guarantee and 50-year option period with 12-month cancellation rights.
  • Prime location near major retailers, including Kohl's, Aldi, and Starbucks; features a drive-thru.

Property Details for 729 W Northland Ave

Property type
Retail properties
Square Feet
14,490 SF
Price / Square Foot
$365.16
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
81,303 SF
Units
1
Net Operating Income
$418,000

Location Insight

City
Appleton
County
State
Wisconsin

FAQs

What type of property is this?
Retail property - High-performing Appleton, WI Walgreens
Where is the retail property located?
The property is located at 729 W Northland Ave Appleton, WI.
What is the asking price?
The asking price for this property is $5,291,139.
What are key features of this property?
This property features: High-performing Walgreens in Appleton, WI, with an absolute NNN lease.; Strong corporate guarantee and 50-year option period with 12-month cancellation rights.; Prime location near major retailers, including Kohl's, Aldi, and Starbucks; features a drive-thru.
How can I contact the broker?
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729 W Northland Ave
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