Log In/Sign Up
Your email has been sent.
1901 S Oneida St
Appleton, WI 54915
Walgreens | Less than 1 mile from Hospital · Retail Property For Sale
Investment Highlights
- Long term 13 year fee simple absolute NNN lease
- Corporate Lease
- Driven by over 16,400 vehicles per day
- 5% rent increases every five (5) years
- No landlord responsibilities
- Less than 1 Mile from Ascension hospital (279 beds)
Executive Summary
The property has a 13 year fee simple absolute NNN lease with no landlord responsibilities. The lease is guaranteed by Walgreens. The lease contains RARE five percent (5%) rent increases every five (5) years with 12 5-Year options. The signing of this new lease confirms its dedication to this store.
The traffic count on S. Oneida Street has over 16,400 vehicles per day. It is strategically located in a strong retail corridor surrounded by national tenants including Pizza Hut, Dairy Queen and Shell gas station. Walgreens is less than one mile from St. Elizabeth Campus of Ascension NE Wisconsin Hospital (279 beds) as well as State Highway 47, which is the main northwest-southeast highway in Wisconsin.
The traffic count on S. Oneida Street has over 16,400 vehicles per day. It is strategically located in a strong retail corridor surrounded by national tenants including Pizza Hut, Dairy Queen and Shell gas station. Walgreens is less than one mile from St. Elizabeth Campus of Ascension NE Wisconsin Hospital (279 beds) as well as State Highway 47, which is the main northwest-southeast highway in Wisconsin.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,000 SF
Building Class
B
Year Built
1992
Price
$3,840,000
Price Per SF
$295.38
Cap Rate
7.45%
NOI
$286,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.15 AC
Zoning
PDC2
Parking
39 Spaces (3 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 31-4-0619-00 | Improvements Assessment | $951,400 |
| Land Assessment | $293,700 | Total Assessment | $1,245,100 |
Property Taxes
Parcel Number
31-4-0619-00
Land Assessment
$293,700
Improvements Assessment
$951,400
Total Assessment
$1,245,100
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
