2400 Velp Ave
Howard, WI 54303
CVS - New 20 Year Lease - No Rent Holiday · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
- Hard Corner Location with Drive-Thru – Easily accessible via two of the area’s main traffic corridors with combined daily traffic counts in excess of
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Continued Heath Care Development in Surrounding Community – Near newly built 150,000 square foot senior living facility in close proximity
- Ten Minute Drive from Lambeau Field – Property is approximately 6 miles north of Lambeau Field just west of Interstate 41
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,363 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.75 AC
Zoning
Commercial
Parking
59 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | VH-306-2 | Improvements Assessment | $2,513,400 |
| Land Assessment | $547,200 | Total Assessment | $3,060,600 |
