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Drugstore For Sale • 13,456 SF
| ABS NET LEASE - There are ±17 yrs remaining on the lease with 10 (5-yr) options to renew. Absolute net lease with no landlord responsibilities |
| SOLID PERFORMING LOCATION – 20-YR EXTENSION - CVS extended the lease for a fresh 20-year term in 2019 which speaks to the strength of this store |
| AFFLUENT INFILL MILWAUKEE MSA MARKET - 12.8 mi SE of Downtown Milwaukee in Milwaukee County, most populous county in Wisconsin with ±1M residents |
| NO RENT HOLIDAY, FREE & CLEAR OF DEBT - This lease does not include a rent holiday and it is also being delivered free and clear of debt |
| LIMITED CVS COMPETITION - The only free-standing CVS drugstore w/in a 7-mi radius. Other CVS locations in the direct area are located w/in a Target |
| SOLID EMPLOYMENT BASE – Franklin is home to Northwestern Mutual Life Insurance's 886K SF campus where ±2K ppl work & located 5.3 mi SE of the subject |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| CVS Pharmacy |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| General Mitchell Intl. Airport Amtrak Station (Hiawatha Service - Amtrak) | 12 min | - | 5.4 mi |
| Airport | Drive | Walk | Distance |
| General Mitchell International | 13 min | - | 6.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 34 |
| Type: | Surface |
| Included in Rent: | Yes |
