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CVS | 9yrs Remain Corp Abs NNN 6210 Century Ave 13,225 SF Retail Building Middleton, WI 53562 $5,986,000 ($452.63/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

Nearly 9 Years Remaining | Options To Extend | Investment Grade Tenant (S&P: BBB) | America’s Largest Pharmacy
Offered Free & Clear or with CTL Zero Cash Flow Financing |Tax Advantages and Passive Equity Growth
Signalized, Hard Corner Intersection | Centralized Location | State Highway 14 (60,500 VPD) | Adjacent to 161-Unit Development

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
University of Wisconsin Madison (48,000 Students) | UW Health University Hospital (505 beds) | UW Health System
Strong Demographics In 5-Mile Trade Area | Affluent Incomes

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, CVS Pharmacy located in Middleton, Wisconsin (Madison MSA). The tenant has an investment grade credit rating (S&P: BBB) and nearly 9 years remaining with 10 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management- free investment opportunity for a passive investor. The asset can be purchased free and clear or with the assumption of the existing Credit Tenant Lease (CTL) zero cash flow financing, which also includes a paydown/readvance feature allowing 1031 investors to pull cash out from the transaction. CVS is America’s leading retail pharmacy with over 9,000 locations across 49 states.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Drug Store

Building Size

13,225 SF

Building Class

Year Built

2009

Price

$5,986,000

Price Per SF

$452.63

Cap Rate

7.25%

NOI

$433,967

Tenancy

Single

Building Height

1 Story

Building FAR

0.20

Lot Size

1.53 AC

Zoning

MU-A - Mixed-Use Avenue

Parking

83 Spaces (6.28 Spaces per 1,000 SF Leased)

Frontage

127’ on Century Ave

Corner Lot
Freeway Visibility

Signage
Signalized Intersection

Drive Thru

Monument Signage

Retailer
99,999 SF
-
Lorem Ipsum
Jan 0000

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.