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
Resolved identity, portfolio, hold profile and investor signals. Included 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 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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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
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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 signals that 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.
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