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1531 South Madison Rd
Beloit, WI 53511
Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 1531 SOUTH MADISON RD , BELOIT, WI 53511
Marcus & Millichap is pleased to present the exclusive listing for a Walgreens property located at 1531 Madison Road in Beloit, Wisconsin. Built in 2008, this property consists of approximately 14,405 square feet of building space and sits on 1.91 acres of land. This Walgreens property has approximately 17 years remaining on an original 20-year triple-net (NNN) lease, which commenced on March 14, 2014. The current rent is $220,534. The lease expires March 31, 2034 and is subject to eleven (11), five (5) year tenant renewal options. This Walgreen' s is located at 1531 Madison Road in Beloit, Wisconsin. Beloit is a city in Rock County, Wisconsin. In 2012 Beloit was listed #17 on Travel and Leisure' s list of America' s Greatest Mainstreets. Beloit has approximately 38,904 individuals residing within a three-mile radius of the property and more than 61,265 within a five-mile radius. The property is positioned on Madison Road, which is in close proximity to West Liberty Avenue. West Liberty Avenue has an average daily traffic count of approximately 13,018 vehicles.
PROPERTY TAXES
| Parcel Number | 127-70030 | Improvements Assessment | $2,414,500 |
| Land Assessment | $228,400 | Total Assessment | $2,642,900 |
PROPERTY TAXES
