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    NNN Leased Walgreens Investment Property Title is generated by Realmo AI

    808 S Duluth Ave, Sturgeon Bay, WI 54235

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    Absolute NNN leased Walgreens with drive-thru and 10+ years remaining.

    Type:Retail
    Added:
    Apr 10, 2026
    Days on Market:
    60
    Last Refresh:
    Apr 10 at 8:01 pm

    Property Features for 808 S Duluth Ave

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2003

    Properties For Sale

    at 808 S Duluth Ave Contact us

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    Listing Contact
    Dan Elliot
    Dan Elliot

    Listing agent Dan Elliot License #475132482

    Listing office SRS Real Estate Partners | Chicago

    Listing date Apr 10, 2026

    Source Srsre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Chicago

    HighLights

    • Absolute NNN lease with zero landlord responsibilities, ideal for passive investment.
    • Corporate‑signed lease by Walgreen Co., operating over 8,500 locations.
    • 10+ years of firm lease term remaining, with ten (10) additional five‑year renewal options.
    • One‑time 15%+ rental increase at the beginning of the first option period.
    • Drive‑thru equipped property.
    • Tenant's financial strength supported by Sycamore Partners' $23.7 billion acquisition of Walgreens Boots Alliance (WBA).

    Overview

    This is an opportunity to acquire a fee simple interest in an absolute NNN leased Walgreens investment property equipped with a drive-thru. The tenant, Walgreen Co., has over 10 years of firm lease term remaining, along with ten additional five-year renewal options. The lease, corporate-signed by Walgreen Co., includes a one-time 15%+ rental increase at the beginning of the first option period. Walgreen Co. operates over 8,500 locations across the U.S. and Puerto Rico and serves nearly 9 million customers daily. In August 2025, Sycamore Partners completed its $23.7 billion acquisition of Walgreens Boots Alliance (WBA). The lease is absolute NNN with zero landlord responsibilities.
    Location Intelligence

    Current Use by Public Records

    Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service LibertyX Bitcoin ATM Atm Walgreens Pharmacy Gregory Potts, RPH Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Walgreens Pharmacy — 808 S Duluth Ave, Sturgeon Bay, WI 54235
    • Gregory Potts, RPH — 808 S Duluth Ave, Sturgeon Bay, WI 54235
    • Gareth E. Gridley, RPH — 808 S Duluth Ave, Sturgeon Bay, WI 54235
    • COVID-19 Drive-Thru Testing at Walgreens — 808 S Duluth Ave, Sturgeon Bay, WI 54235

    Location Insight

    • Map
    • Local Demand
    City
    Sturgeon Bay
    County
    Door
    State
    Wisconsin
    Longitude
    -87.3962586
    Latitude
    44.8204892

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    FAQs

    What type of property is this?
    Drug store - Absolute NNN leased Walgreens with drive-thru and 10+ years remaining.
    Where is this drug store located?
    The property is located at 808 S Duluth Ave Sturgeon Bay, WI.
    What are key features of this property?
    This property features: Absolute NNN lease with zero landlord responsibilities, ideal for passive investment.; Corporate‑signed lease by Walgreen Co., operating over 8,500 locations.; **10+ years of firm lease term remaining**, with ten (10) additional five‑year renewal options.
    (312) 972-7978
    We can help!
    Listing Contact
    Dan Elliot
    Dan Elliot
    Real Estate License ID: 475132482
    Learn More
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