Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 15,340-square-foot Walgreens located at 15350 W Bluemound Rd, Elm Grove, WI 53122. The property boasts a strong 14-year remaining lease term (commencing November 21, 2023, and expiring November 30, 2038) with a corporate guarantee from Walgreens, an absolute NNN lease structure, and attractive 5% rent increases every five years. The asking price is $4,908,800, representing a price per square foot of $320 and a 6.25%… cap rate based on a current NOI of $306,800. The single-story building sits on a 38,876-square-foot lot and benefits from its strategic location at a bustling intersection with over 86,300 vehicles passing daily. This high-traffic area is further enhanced by its proximity to Brookfield Square Mall, a major regional shopping center attracting 4.1 million annual visitors, and a strong demographic profile featuring average household incomes exceeding $177,000 within a one-mile radius. The location also benefits from the presence of eight colleges and universities in the surrounding trade area. The lease includes twelve, five-year options. This is a rare opportunity to acquire a stable, high-performing Walgreens with significant long-term growth potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.91 ac
- APN
- EGV 1111982
- Zoning
- B
- Assessed value · 2023
- $2,900,000
- Annual tax · 2023
- $36,979
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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