Log In/Sign Up
Your email has been sent.
Walgreens 502 S Main St 14,820 SF Retail Building Rice Lake, WI 54868 $3,995,000 ($269.57/SF) 7.31% Cap Rate
Investment Highlights
- Absolute Triple Net Lease
- Strong and Consistent Store Sales
- 8 Years Remaining on the Lease
Executive Summary
Absolute NNN Walgreens in Wisconsin
• Strong Consistent Sales
• Signalized Corner
• 2008 Construction
• Low Rent Per Foot ($1.64)
• Newer Modern Walgreens Design
• Approximately 90 Miles from Minneapolis
• Strong Consistent Sales
• Signalized Corner
• 2008 Construction
• Low Rent Per Foot ($1.64)
• Newer Modern Walgreens Design
• Approximately 90 Miles from Minneapolis
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2008
Price
$3,995,000
Price Per SF
$269.57
Cap Rate
7.31%
NOI
$292,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Opportunity Zone
Yes
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 276-2326-02-000 | Improvements Assessment | $2,639,900 |
| Land Assessment | $325,500 | Total Assessment | $2,965,400 |
Property Taxes
Parcel Number
276-2326-02-000
Land Assessment
$325,500
Improvements Assessment
$2,639,900
Total Assessment
$2,965,400
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens | 502 S Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.