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Walgreens 502 S Main St 14,820 SF Retail Building Rice Lake, WI 54868 $5,478,743 CAD ($369.69 CAD/SF) 7.31% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute Triple Net Lease
  • Strong and Consistent Store Sales
  • 8 Years Remaining on the Lease

EXECUTIVE SUMMARY

Absolute NNN Walgreens in Wisconsin
• Strong Consistent Sales
• Signalized Corner
• 2008 Construction
• Low Rent Per Foot ($1.64)
• Newer Modern Walgreens Design
• Approximately 90 Miles from Minneapolis

ATTACHMENTS

502 S Main St OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2008
Price
$5,478,743 CAD
Price Per SF
$369.69 CAD
Cap Rate
7.31%
NOI
$400,449 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Opportunity Zone
Yes

AMENITIES

  • Air Conditioning

NEARBY MAJOR RETAILERS

Starbucks
Caribou Coffee
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
276-2326-02-000
Land Assessment
$446,391 CAD
Improvements Assessment
$3,620,359 CAD
Total Assessment
$4,066,750 CAD
  • Listing ID: 39227405

  • Date on Market: 2026-01-27

  • Last Updated:

  • Address: 502 S Main St, Rice Lake, WI 54868

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