By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.
INVESTMENT HIGHLIGHTS
Abs NNN Lease with Recent 15-Year Extension Walgreens is operating under an Abs NNN lease with zero landlord responsibilities whatsoever and over 15 years of base lease term remaining. This lease structure provides potential investors with a passive income investment asset with long-term, stable cash flows. Additionally, Walgreens recently extended its base lease term at the Property for an additional 15 years, demonstrating their strong commitment to the long-term continued success of this location.
Wisconsin Dells with 5+ Million Tourists Each Year With a location in the city of Wisconsin Dells, the Property is located within one of the largest tourism destinations in the entire Midwest. The area has many indoor and outdoor waterparks, proclaiming itself the “Waterpark Capital of the World.” The Dells welcomes approximately 5+ million visitors annually, and the area has more hotel room and lodging options than any other destination in the state, at just over 10,000.
Top Performing Store with 17+ Years of Proven Occupancy Walgreens has occupied the site since 2007, signifying a strong sales record and loyal customer base at this location. The nearly 17 years of tenancy, combined with outstanding sales, provides strong evidence of Walgreens’ financial stability at this location. Walgreens reported $5.04M+ in 2023 and has averaged $5.1M+ over the past 3 years. Inquire with the broker for full sales details.
Retail Corridor with Proximity to Mt. Olympus Resort The Property is located about 0.50 miles down the road from Mt. Olympus Water & Theme Park Resort, one of the largest watersport resorts in Wisconsin Dells, that sees over 1.3 million visitors each year. Additionally, the Property is located in close proximity to several national retailers who drive additional consumer traffic into the trade area. Some of these nearby tenants include: McDonald’s, Starbucks, Culver’s, Kwik Trip, IHOP, Taco Bell, and Dunkin’, among others.
Signalized Corner Location with Excellent Accessibility The Property benefits from excellent access and visibility at the signalized intersection of I-90 ALT (10,301 VPD) and State Highway 13 (31,600 VPD), two highways which combine to see over 41,900 vehicles per day. The Property’s strategic location at this intersection helps to drive consumers into the site, giving the underlying real estate inherent value.
Location near Interstate 90 The Property is located less than 1 mile east of the on/off ramps for Interstate 90, the longest Interstate Highway in the United States. The interstate sees over 42,445 vehicles per day, allowing Walgreens to take full advantage of the tourists who pass through the area.
Large Site with Drive-Thru Pharmacy & Ample Parking The Property is situated on a large +/- 1.8-acre parcel with +/- 67 surface spaces and features a drive-thru pharmacy, a significant advantage over other Walgreens and pharmacy stores without the same attribute.
