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CVS | Sheboygan, WI 1108 N 14th St
14,200 SF Retail Building Sheboygan, WI 53081 £4,093,042 (£288/SF) 5.57% Net Initial Yield
Investment Highlights
- Prime Investment Opportunity
- Strategic Location & Vibrant Commercial Area
- Thriving Business Environment
- Absolute NNN Lease
- Proximity to Key Amenities
Executive Summary
Long-term lease with CVS, a leading drugstore chain with investment-grade credit, offering both stability and security. Enjoy the added benefit of rent increases during each option period, enhancing the property's long-term value.
Absolute NNN Lease:
Enjoy the benefits of an absolute triple net lease with no landlord responsibilities and a corporate guarantee.
Strategic Location:
Positioned on a corner lot at a signalized intersection with high visibility - 16.6K+ VPD (North 14th St) and 16.4K+ VPD (Erie Ave).
Vibrant Commercial Area:
Situated across from popular retailers such as Starbucks, Domino's, and Burger King, and near Whistling Straits Golf Course, attracting consistent traffic to the area.
Proximity to Key Amenities:
Close to educational institutions like Jefferson Elementary School, Sheboygan Leadership Academy, and Lakeshore Technical College. Nearby attractions include the Above & Beyond Children's Museum and several parks, enhancing the appeal for a diverse demographic.
Thriving Business Environment:
The property is near The Vollrath Company, a major employer in the region with 1,300 employees globally, contributing to the area's economic vitality.
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- -
- £17.06
- Triple Net
- Jan 2041
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.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | - | £17.06 | Triple Net | Jan 2041 |
PROPERTY TAXES
| Parcel Number | 59281204952 | Improvements Assessment | £1,180,038 |
| Land Assessment | £831,960 | Total Assessment | £2,011,997 |
PROPERTY TAXES
-
Brian Brisky -
Tiffany Trinidad -
Brisky Net Lease
Presented by
CVS | Sheboygan, WI | 1108 N 14th St
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