Absolute NNN Lease – The property is subject to an absolute triple-net lease, requiring no landlord responsibilities for maintenance, repairs, or capital expenses—ideal for passive, hands-off ownership.
Corporate Guarantee – Lease is secured by a corporate guarantee from the tenant’s parent company, enhancing credit strength and reducing risk of default.
Signalized Hard Corner with Strong Traffic Counts – Positioned on a prominentmsignalized intersection with visibility to approximately 25,000 vehicles per day, offering strong exposure and accessibility.
Below-Market Rent and Price Per Square Foot – Offered at a competitive rent and price point, presenting attractive entry-level pricing and potential long-term upside.
Strong Store-Level Sales Performance – Reports $3.4 million in annual gross sales, indicating solid tenant performance and supporting long-term viability.
Proximity to Lake Delton Tourism – Near Lake Delton, a well-trafficked vacation destination, driving additional foot traffic and seasonal demand.
Only National Pharmacy Chain in the City – Sole location operated by a national pharmacy within the city limits, providing exclusivity and limited direct competition.
Adjacent to Major Medical Facility – Located near a 125,000-square-foot medical center, creating strong synergy from nearby healthcare-related traffic.
Long-Term Lease Stability Secured Post-Acquisition – New 10-Year Lease Extension Executed Following Sycamore Partners Acquisition