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1717 Milton Ave
Janesville, WI 53545

Walgreens · Retail Property For Sale

Retail Buildings Wisconsin Janesville 1717 Milton Ave, Janesville, WI 53545

Investment Highlights

  • Recent 15-Year NNN Lease Extension
  • Signalized Corner Location with Excellent Visibility & Access
  • Strong Demographics
  • Long-Term Tenancy & Established Store with Sales Exceeding National Average
  • Dense Retail Trade Area
  • Large Site with Drive-Thru Pharmacy & Ample Parking

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee-simple interest in the Walgreens asset located in Janesville, WI (“The Property”). The Property consists of a +/- 13,905 square foot freestanding building on a large 1.44-acre parcel of land with ample parking and a drive-thru. Walgreens recently extended its lease at this location, demonstrating its success and commitment to the site. Additionally, the lease features minimal landlord responsibilities, making this a highly passive net lease investment opportunity. See Lease Abstract for full details.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,905 SF
Building Class
C
Year Built
1998
Price
$3,826,275
Price Per SF
$275
Cap Rate
7.25%
NOI
$277,405
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.44 AC
Zoning
B3 - Business/Commercial District

Links

 

  • Listing ID: 32030291

  • Date on Market: 6/5/2024

  • Last Updated:

  • Address: 1717 Milton Ave, Janesville, WI 53545

The Retail Property at 1717 Milton Ave, Janesville, WI 53545 is currently available for sale. Contact Northmarq for more information.

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