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6020 W Brown Deer Rd
Brown Deer, WI 53223
WALGREENS · Retail Property For Sale
Investment Highlights
- Long Lease Term – +12 years remaining on the original lease
- Absolute NNN Lease – Zero landlord responsibilities providing for a passive investment
- Large Milwaukee Suburb – 15 miles away from Downtown Milwaukee- Large Population of +50,000 in 3-mile radius and +155,000 in 5-mile radius
- Strong Store Sales – This is a strong performing location for Walgreens
- Tenant is responsible for CAM, Insurance, Utilities, Taxes, and maintains all aspects of the premises.
- Credit Tenant – Walgreens has an investment-grade credit rating (NASDAQ: WBA) – BBB rating by Standard & Poor’s and a market cap of ±$35B.
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,759 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.24 AC
Zoning
1
Parking
80 Spaces (5.42 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 030-0107-001 | Improvements Assessment | $3,194,600 |
| Land Assessment | $851,500 | Total Assessment | $4,046,100 |
Property Taxes
Parcel Number
030-0107-001
Land Assessment
$851,500
Improvements Assessment
$3,194,600
Total Assessment
$4,046,100
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