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15350 W Bluemound Rd
Elm Grove, WI 53122
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • ABSOLUTE NET LEASE (NO LANDLORD RESPONSIBILITIES): 14.25 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Ever
  • INCREDIBLE SURROUNDING DEMOGRAPHICS: Daytime Population Increases 60%+ in a 1-Mile Radius with Average Household Incomes Exceeding $177,000.
  • 8 COLLEGES & UNIVERSITIES LOCATED WITHIN BROOKFIELD SQUARE TRADE AREA: University of Wisconsin at Milwaukee, Marquette University, & Milwaukee Area Te
  • ACROSS THE STREET FROM BROOKFIELD SQUARE MALL: A 864,000 SF Regional Shopping Mall with 65 Total Stores. This Mall Sees 4.1M Annual Visits. Its Conven
  • STRATEGIC SIGNALIZED INTERSECTION LOCATION: Walgreens is Located at A Bustling Intersection and is Overseen by 86,300+ Vehicles Per Day.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
15,340 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.91 AC
Zoning
B
Parking
34 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
125’ on West Bluemound Road

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
EGV-1111-982
Land Assessment
$2,226,100
Improvements Assessment
$673,900
Total Assessment
$2,900,000
  • Listing ID: 32543237

  • Date on Market: 7/22/2024

  • Last Updated:

  • Address: 15350 W Bluemound Rd, Elm Grove, WI 53122

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