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9527 S 27th St
Franklin, WI 53132

$3,737,250 USD

Drugstore For Sale  •  15,120 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 15,120 SF
  • Lot Size 2.1 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 8.00 %
  • Tenancy Single
0 Transit Score
42 Walk Score

Highlights

This investment features a national tenant backed by Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 500 company operating over 8,500 locations.
The property is prominently positioned on a signalized hard corner with strong frontage at W Ryan Rd (˜ 555.6 ft) and South 27th St (˜ 704.6 ft).
Walgreens has closed a number of stores as part of a strategic rightsizing initiative. As a result, the average visits per location have increased.
Walgreens has maintained long-term occupancy at this location since 2000, underscoring tenant stability and familiarity in the market.
The 15,120 SF building sits on a 2.1-acre site, offering long-term flexibility for potential redevelopment or repositioning.
Potential cash-oncash returns exceeding 10%, driven by in-place income and an available financing structure that may allow enhanced leverage.
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 15,120 SF 11/30/2030

Amenities

  • Signage
  • Drive Thru
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
13 min - 6.8 mi
AirportDriveWalkDistance
General Mitchell International 13 min - 7.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 83
Type: Surface
Included in Rent: Yes
Jacob Strahler 305-697-3197 Sands Investment Group
Jacob Strahler 305-697-3197 Sands Investment Group