Walgreens - 1100 E Main St

Property Highlights

● Absolute NNN Lease - The property is subject to an absolute triple-net lease,

requiring no landlord responsibilities for maintenance, repairs, or capital

expenses—ideal for passive, hands-off ownership.

● Corporate Guarantee - Lease is secured by a corporate guarantee from the tenant’s

parent company, enhancing credit strength and reducing risk of default.

● Signalized Hard Corner with Strong Traffic Counts - Positioned on a prominent

signalized intersection with visibility to approximately 25,000 vehicles per day,

offering strong exposure and accessibility.

● Below-Market Rent and Price Per Square Foot - Offered at a competitive rent and

price point, presenting attractive entry-level pricing and potential long-term upside.

● Strong Store-Level Sales Performance - Reports $3.4 million in annual gross sales,

indicating solid tenant performance and supporting long-term viability.

● Proximity to Lake Delton Tourism - Near Lake Delton, a well-trafficked vacation

destination, driving additional foot traffic and seasonal demand.

● Only National Pharmacy Chain in the City - Sole location operated by a national

pharmacy within the city limits, providing exclusivity and limited direct competition.

● Adjacent to Major Medical Facility - Located near a 125,000-square-foot medical

center, creating strong synergy from nearby healthcare-related traffic.

Property Details

Tenant Trade Name Walgreens

Type of Ownership Fee-Simple

Lease Guarantor Corporate

Lease Type Absolute NNN

Roof and Structure Tenant

Original Lease Term 25 Years

Lease Commencement Date 5/1/2006

Lease Expiration Date 4/30/2031

Term Remaining on Lease ±5.6 Years

Rent PSF $18.22

Price PSF $182.19