APPLETON, Wis., May 29, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 16,933-square-foot net-leased Walgreens property in Appleton, Wisconsin, for $3.15 million.
“Long-term net-leased pharmacy assets with positive unit level fundamentals continue to attract private capital seeking higher yields and limited management responsibilities,” said Carson Breshears, director investments. “Properties backed by national operators and absolute triple-net lease structures remain highly desirable for buyers focused on long-term wealth preservation.”
Breshears and Hank Wolfer, investment specialists in Marcus & Millichap’s Seattle office, in association with Todd Lindblom, Marcus & Millichap’s Wisconsin broker of record, exclusively represented the buyer, a Chicago-based family office who completed a multiple property 1031-exchange.
The property, located at 2803 N. Meade St., was built in 2008 on approximately 1.48 acres and is leased under a long-term absolute triple-net lease agreement. The buyer plans to hold the asset as a long-term investment.
