2301 Oneida St Ashwaubenon, WI 54304
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.