212 Rochester St Mukwonago, WI 53149

This exceptional investment opportunity presents a 14,369-square-foot Walgreens located at 212 N Rochester St, Mukwonago, WI 53149. The property boasts a strong 7.00% cap rate and a substantial net operating income (NOI) of $415,000. Secured by a corporate guarantee, the absolute NNN lease features a remaining term of approximately 14.8 years, extending to August 31, 2039, with ten 5-year renewal options. The property sits on a 1.84-acre lot and benefits from a prime location in a thriving area, near major retailers like Walmart, Aldi, Home Depot, and Tractor Supply Co., and in close proximity to ProHealth Waukesha Memorial Hospital. The tenant, Walgreens, has demonstrated a long-term commitment to the site with a recent lease extension. This investment offers passive ownership with zero landlord responsibilities, making it an attractive option for investors seeking a stable, high-yield return. The average household income within a 3-mile radius is approximately $110,000, indicating a strong and affluent demographic. The asking price for this exceptional retail property is $5,928,571. This is a rare opportunity to acquire a well-established, high-performing Walgreens location with significant long-term potential. The property's strong tenant, prime location, and favorable lease terms make it an ideal addition to any investment portfolio.