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2301 Oneida St Ashwaubenon, WI 54304

For Sale
$3,100,000

High-yield Walgreens, strong lease, prime location.

Property size:
13,500 SF

Description

Added:
Dec 11, 2024
Days on Market:
362
This exceptional investment opportunity presents a fee-simple interest in a thriving Walgreens located at 2301 S Oneida St, Ashwaubenon, WI 54304. The property boasts a 13,500 square foot freestanding building situated on a 1.13-acre lot, constructed in 2004. Currently operating under a Net Lease with a single tenant, Walgreens, the property enjoys a 100% occupancy rate. The lease commenced August 1st, 2009, and has a remaining term of 11.5 years, with six 5-year renewal options. The current lease provides a substantial net operating income (NOI) of $216,945, yielding a 7.00% cap rate. The asking price is $3,100,000, translating to $229.63 per square foot. The property features 50 parking spaces and benefits from a hard signalized corner location with excellent visibility. Its strategic location near Lambeau Field/Titletown, Bay Park Square Mall, and an Aurora Health Clinic, coupled with limited pharmacy competition, ensures consistent strong performance. The recent 12-year lease extension underscores Walgreens' commitment to this successful location. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset with significant long-term potential. The property offers minimal landlord responsibilities, making it an ideal investment for passive income seekers.

Property Features for 2301 Oneida St

General Information

Property type
Individual retail properties
Square Feet
13,500 SF
Lot Size
49,223 SF

Building Details

Year Built
2004
Buildings
1

HighLights

  • Excellent Lambeau Field/Titletown proximity, limited pharmacy competition.
  • Passive net lease with a recent 12‑year lease extension.
  • Low rent and strong residual income.
  • High‑performing location anchored by an Aurora Health Clinic.
  • High‑visibility corner lot with traffic signal.
  • Near Bay Park Square Mall.
Property Profile Location Intelligence

Current Use by Public Records

BMO - ATM Atm Walgreens Photo Passport Photo Processor Gregory P. Barnes, ... Pharmacy Casey A. Thibodeau, PharmD Pharmacy Walgreens Drug Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Ashwaubenon
County
Brown
State
Wisconsin
Longitude
-88.0647673
Latitude
44.4888347

FAQs

What type of property is this?
Individual retail property - High-yield Walgreens, strong lease, prime location.
Where is this individual retail property located?
The property is located at 2301 Oneida St Ashwaubenon, WI.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Excellent Lambeau Field/Titletown proximity, limited pharmacy competition.; Passive net lease with a recent 12-year lease extension.; Low rent and strong residual income.
More about this property
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