S70W15775 Janesville Rd
Muskego, WI 53150
Retail Property For Sale

This single-tenant Walgreens in Muskego presents an outstanding net-lease investment in one of Southeast Wisconsin’s most desirable suburban corridors. Positioned at the signalized hard-corner of Sandalwood Drive and West Janesville Road, the property benefits from exceptional frontage, clear visibility, and strong daily-needs consumer patterns supported by more than 89,000 vehicles per day across the intersection and nearby arterial routes. The surrounding retail corridor is anchored by established national brands and complemented by well-maintained residential neighborhoods, generating predictable weekly visits and a durable customer base.
Walgreens operates from an attractive freestanding building constructed in 2007, featuring a drive-thru and occupying an oversized 1.98-acre parcel that enhances long-term optionality. As the only standalone pharmacy serving this section of Muskego, the site holds a uniquely defensible position within an affluent market defined by high homeownership, strong incomes, and sustained demographic stability. The city’s median household income, paired with its proximity to major employment centers in both Waukesha and Milwaukee Counties, reinforces the reliability of daily-needs retail activity.
The absolute NNN lease structure places all responsibilities on the tenant and provides passive, predictable income secured by a nationally recognized operator with more than 8,500 locations. Current annual rent of $266,760 delivers a 7.45 percent cap rate, increasing through scheduled rent bumps throughout the term. With nine years and seven months of primary lease term remaining and twelve five-year renewal options, the location is positioned to remain a cornerstone of the community for decades.
This offering combines irreplaceable hard-corner positioning, strong corporate tenancy, and a high-performing suburban trade area, presenting investors with an opportunity to secure stable, long-term income backed by a proven daily-needs retailer.