Walgreens Property in Milwaukee Sold for $2.6M

The Boulder Group arranges sale of net-leased Walgreens store in Wisconsin.

Apr. 13, 2026 at 10:48pm

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A polished, geometric Walgreens-branded sign or storefront facade element floating on a clean, monochromatic background, dramatically lit to represent the abstract concepts of corporate real estate investment.The sale of a net-leased Walgreens property in Milwaukee underscores the ongoing investor demand for stable, long-term retail assets.Today in Milwaukee

The Boulder Group, a net-leased investment brokerage firm, has completed the sale of a single-tenant net-leased Walgreens property located at 2410 W Forest Home Avenue in Milwaukee, Wisconsin. The 14,467-square-foot building, constructed in 2003, was sold for $2,600,000.

Why it matters

The sale of this Walgreens property in Milwaukee highlights the continued demand for net-leased retail assets, especially from national pharmacy chains like Walgreens that have proven resilient during the pandemic. The transaction also demonstrates the strength of the Milwaukee commercial real estate market.

The details

The Walgreens property, which sits on approximately 1.25 acres, was sold by The Boulder Group, a firm specializing in net-leased investments. Net-leased properties are attractive to investors due to the long-term, stable cash flows provided by the tenant's lease.

  • The property was built in 2003.

The players

The Boulder Group

A net-leased investment brokerage firm that completed the sale of the Walgreens property.

Walgreens

A national pharmacy chain that occupied the 14,467-square-foot building sold in Milwaukee.

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The takeaway

This transaction demonstrates the continued investor appetite for well-located, net-leased retail properties anchored by national tenants like Walgreens, which have proven resilient during economic downturns.