Walgreens

1203 W Fond Du Lac St, Ripon, WI
Deal Type:
Net Lease
Price:
$4,313,725
Cap Rate:
5.10%
Current Rent:
$220,000
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
12, 5-year options
Building Sq. Ft.:
14,890 SF
Rent Increases:
5% every 5 years including options
Site Size:
2.75 Acres
  • walgreens stream capital partners
  • walgreens stream capital partners
  • walgreens stream capital partners
  • walgreens stream capital partners

Investment Highlights

  • New 15 year absolute NNN lease with 5% rent increases every 5 years
  • Walgreens has been at this location since 2004 and has strong reported unit-level sales
  • Situated along Hwy-23, Ripon’s main thoroughfare with traffic counts exceeding 6,800 cars per day
  • Low rent compared to Walgreens national average

Listing Agents

Graham Gold

Vice President
314 324 8792
Graham@stream-cp.com

Sasha Dominguez

Vice President
786 443 4960
Sasha@stream-cp.com

Jordan Shtulman

Managing Director
847 226 4133
Jordan@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Wisconsin Broker #938545-91

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