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INVESTMENT HIGHLIGHTS
Proximity to Lambeau Field/Titletown with Limited Pharmacy Competition | Rare opportunity to purchase a net lease asset located less than 1 mile from Lambeau Field - Home of the Green Bay Packers professional football team. Additionally, the Property is the closest free standing drugstore to downtown Green Bay, with limited competition in the surrounding trade area.
Highly Passive Net Lease & Recent 12-Year Lease Extension | Walgreens is operating under a highly passive NNN lease which was recently extended for 12 years demonstrating its historical success and commitment to the Property.
Low Rent/Strong Residuals | Walgreens is paying $16/SF which is well below market when compared to other Walgreens properties on the market, offering strong long-term residual value.
Strong Performing Location w/ Aurora Health Clinic | Walgreens reported $3.75M+ in 2023 sales resulting in a very low rent/sales ratio. Due the strong financial performance the Property has been designated an “Aurora Health” location.
Hard Signalized Corner Location with Excellent Visibility | The Property is located at the hard signalized intersection of Cornmier Rd (7,500 VPD) and S Oneida St (23,400 VPD) just east of a Target.
Proximity to Bay Park Square Mall | The Property is positioned one block north of Bay Park Square shopping mall which features anchor tenants, Hy-Vee, Kohl’s, Dave & Busters, and Steinhafels Furniture. Additional national retailers in the immediate trade area include Target, Best Buy, Dick’s Sporting Goods, Barnes & Noble, Hobby Lobby, Ulta, PetSmart, McDonald's, Crumbl Cookie, Mission BBQ, Dollar Tree, and Men’s Wearhouse.
Aurora Health Designated Location w/ Drive Thru Pharmacy | The Property is sub $3M which is rare in comparison to other Walgreens on the market and features a double lane drive-thru that is open daily until 9pm.
