Skip to main content

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

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

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

Drug Store

CVS Pharmacy

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

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Financing By

MM Texture Background
MM Textured Background Lower