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Freestanding Walgreens with Drive-Thru
For Sale
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Pending

700 W College Ave, Appleton, WI 54914

Freestanding Walgreens with drive-thru, pylon signage, and multiple ingress/egress points on a signalized corner intersection.

Property SizeContact for details
Days on Market150

Property Features for 700 W College Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: SRS Real Estate Partners Chicago
Listed By: Sean Lutz · License #IL 475132482
Source: Crexi
Added: Apr 11 Changed: Sep 5 Last Checked: Sep 7 at 10:42AM

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

Investment Insights

Based on property information with market context.

A freestanding Walgreens drug store featuring a drive-thru and multiple points of ingress/egress, supported by a large pylon sign for visibility. The tenant has extended its lease through August 2033, adding an additional 8 years of firm term, and the lease is signed by the corporate entity.

The property is positioned on a signalized, hard corner intersection at W. College Avenue and N. Richmond Street. Remarks indicate approximately 58,000 combined vehicles pass the site daily, supporting strong retail access for both customers and employees.

The tenant is responsible for CAM, taxes, and insurance, with limited landlord responsibilities noted. The offering is presented as a low-management, passive investment opportunity.

Key Highlights

  • Tenant lease extended through August 2033, adding an additional 8 years of firm term
  • Walgreens has operated at the site for 22 years
  • Freestanding Walgreens includes a drive‑thru and multiple points of ingress/egress on a signalized hard corner

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Redbox Cinema Walgreens Pharmacy Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Plumbing Service Locksmith Storage Facility Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,325
Businesses Nearby
Balanced
Demand for This Use

Demographics for 54914, WI

31,082
Population
14,002
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
19.2 sq mi
ZIP Area
1,619
Density / Sq Mi
$77,199
Median Household Income
$42,481
Median Earnings
$936
Median Rent
$210,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Hometown Pharmacy 1350 W College Ave STE A, Appleton, WI 54914
  • Walgreens 700 W College Ave, Appleton, WI 54914
  • Curt Janssen 700 W College Ave, Appleton, WI 549145265
  • Kerri Nimtz 700 W College Ave, Appleton, WI 549145265
  • Walgreens Pharmacy 700 W College Ave, Appleton, WI 54914

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding Walgreens with drive-thru, pylon signage, and multiple ingress/egress points on a signalized corner intersection.
Where is this drug store located?
The property is located at 700 W College Ave Appleton, WI.
What are key features of this property?
This property features: Tenant lease extended through August 2033, adding an additional 8 years of firm term; Walgreens has operated at the site for 22 years; Freestanding Walgreens includes a drive‑thru and multiple points of ingress/egress on a signalized hard corner
(312) 279-5345 Call to check price and availability
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