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5740 S Packard Ave, Cudahy, WI, 53110

CVS
$2,450,953

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Highlights

INVESTMENT HIGHLIGHTS

  • Strong Credit Tenant I CVS is the only investment-grade credit pharmacy (S&P: 888)
  • Full CVS corporate guaranty
  • NNN I Fee Simple Ownership I No Landlord Responsibilities
  • Excellent exposure and visibility along S Packard Ave (±18,500 VPD)
  • Located along the border of Milwaukee MSA
  • Over 7 years remaining on the primary lease term
  • Single-lane “drive-thru” access
  • Average Household Income Exceeds $87,497 Within 3 Miles
  • Established location I 18-year operating history
  • Large ±1.59 AC parcel with ±65 parking spaces
  • ±5.5 miles from the nearest CVS
  • ±4.6 miles from General Mitchell International Airport
  • Strategically located as the only pharmacy near Lakeshore Medical Clinic (±0.7 miles away)
  • Significant e-commerce growth leading to extensive industrial development (ATI, Lucas Milhaupt headquarters)
  • Other nearby points of interest include Walmart (±1.0 miles), South Milwaukee High School (±1,000 students)

Location

Agents

Broker of Record

Matt Fitzgerald

License # 938105-91 (WI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
8.5%
Year Built
1995
Term Remaining
±7.58 Yrs
Type
Retail
Leasable Area
16,854