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Walgreens: Sauk City, WI 333 Phillips Blvd 13,650 SF Retail Building Sauk City, WI 53583 $4,681,600 CAD ($342.97 CAD/SF) 7.75% Cap Rate



Investment Highlights
- Absolute NNN Lease
- Surrounded by industrial uses like Coating Place, Inc. Food Manufacturing (110,000 SF facility) and McFarlane Manufacturing.
- Surrounded by retailers like Piggly Wiggly, McFarlane’s TrueValue, Ace Hardware, Family Dollar, Bob’s Outlet, O’Reilly Auto Parts, etc.
Executive Summary
Situated just off the banks of the Wisconsin River, Walgreens is located with excellent access and visibility along US-12 (18,600 VPD), which is the main thoroughfare
through Sauk City. Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.
through Sauk City. Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
C
Year Built
2008
Price
$4,681,600 CAD
Price Per SF
$342.97 CAD
Cap Rate
7.75%
NOI
$362,816 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.37 AC
Zoning
C2
Parking
59 Spaces (4.32 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 181-0173-00000 | Improvements Assessment | $3,797,255 CAD |
| Land Assessment | $1,462,197 CAD | Total Assessment | $5,259,452 CAD |
Property Taxes
Parcel Number
181-0173-00000
Land Assessment
$1,462,197 CAD
Improvements Assessment
$3,797,255 CAD
Total Assessment
$5,259,452 CAD
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Walgreens: Sauk City, WI | 333 Phillips Blvd
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