Drug Store
CVS Pharmacy
7550 W Perkins Pl, Milwaukee, WI 53216
Listing Price: $4,350,000
Cap Rate
4.60%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
12,900
Lease Type
Ground Lease
Rent Per Square Feet
$15.50
Investment Overview
NEAR TWO OTHER MAJOR THOROUGHFARES (W CAPITOL DRIVE & W APPLETON AVE) OVER 177,000 RESIDENTS WITHIN THREE MILES TRAFFIC COUNTS: W APPLETON AVE – 26,300+ VPD & N 76TH Street – 17,400+ VPD
CVS Pharmacy
Investment Highlights
- STNL GROUND LEASE CVS/PHARMACY - 2.30 AC LOT – OVERSIZED LOT
- CORPORATE GUARANTEE - LARGEST PHARMACY CHAIN IN THE US (9,900+ LOCATIONS)
- OVER TEN YEARS REMAIN ON 25 YEAR LEASE
- EIGHT – FIVE YEAR OPTIONS TO EXTEND
- ABSOLUTE NET LEASE - NO LANDLORD RESPONSIBILITIES
- ABSOLUTE NET LEASE - NO LANDLORD RESPONSIBILITIES
- SURROUNDED BY NATIONAL AND REGIONAL RETAILERS, SUCH AS MCDONALD'S, DOLLAR TREE, KFC, CHECKERS, POPEYES, GET IT NOW, O'REILLY AUTO PARTS AND MORE
Exclusively Listed By
Financing By
Listing Price: $4,350,000
Cap Rate
4.60%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
12,900
Lease Type
Ground Lease
Rent Per Square Feet
$15.50
Investment Highlights
- STNL GROUND LEASE CVS/PHARMACY - 2.30 AC LOT – OVERSIZED LOT
- CORPORATE GUARANTEE - LARGEST PHARMACY CHAIN IN THE US (9,900+ LOCATIONS)
- OVER TEN YEARS REMAIN ON 25 YEAR LEASE
- EIGHT – FIVE YEAR OPTIONS TO EXTEND
- ABSOLUTE NET LEASE - NO LANDLORD RESPONSIBILITIES
- ABSOLUTE NET LEASE - NO LANDLORD RESPONSIBILITIES
- SURROUNDED BY NATIONAL AND REGIONAL RETAILERS, SUCH AS MCDONALD'S, DOLLAR TREE, KFC, CHECKERS, POPEYES, GET IT NOW, O'REILLY AUTO PARTS AND MORE
Investment Overview
NEAR TWO OTHER MAJOR THOROUGHFARES (W CAPITOL DRIVE & W APPLETON AVE) OVER 177,000 RESIDENTS WITHIN THREE MILES TRAFFIC COUNTS: W APPLETON AVE – 26,300+ VPD & N 76TH Street – 17,400+ VPD
Exclusively Listed By
Financing By
