S70w15775 W Janesville Rd

This single-tenant Walgreens in Muskego offers investors a compelling net-lease opportunity in one of Southeast Wisconsin’s most sought-after suburban markets. Located at the signalized intersection of Sandalwood Drive and West Janesville Road, the property enjoys excellent visibility, prominent frontage, and strong consumer traffic driven by more than 89,000 vehicles passing through the area daily. Surrounded by established national retailers and stable residential communities, the site benefits from consistent customer demand and reliable daily-needs spending. Built in 2007, the freestanding Walgreens features a drive-thru and sits on a sizable 1.98-acre parcel, providing long-term flexibility and site value. As the only standalone pharmacy serving this portion of Muskego, the property maintains a strong competitive position within an affluent community characterized by high household incomes, strong homeownership rates, and stable demographics. The absolute NNN lease structure ensures a passive investment, with all property-related responsibilities handled by the tenant. Backed by Walgreens’ national presence of more than 8,500 locations, the property generates annual rental income of $266,760 and offers a 7.45% cap rate, with scheduled rent increases providing future income growth. With approximately nine years and seven months remaining on the current lease term, along with twelve five-year renewal options, the asset is well positioned for long-term occupancy and income stability. Combining a prime hard-corner location, strong corporate tenancy, and a thriving suburban trade area, this property represents an attractive opportunity for investors seeking dependable, long-term returns.