Available

17+ Year NNN CVS With No Rent Holiday

1108 N 14th St Sheboygan, WI

$5250000 /$100,000

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Available

17+ Year NNN CVS With No Rent Holiday

1108 N 14th St Sheboygan, WI

$5250000 /$100,000

5.50% Beds
17.3
$288,584 NNN
  • Absolute Net Lease – zero landlord responsibilities
  • Rent increases
  • No rent holiday
  • Newer construction: Built in 2015
  • Preferred 5-year option structure
  • Full CVS corporate guaranty

This is an excellent opportunity for an investor to acquire a freestanding NNN CVS in the “Malibu of the Midwest”, Sheboygan, WI. This newer constructionCVS has operated at this location since 2015, with a lease that features no rent holiday, rent increases — 100% FMV from Option 3 forward — and a preferred 5-year option structure. The property is situated at the hard, signalized corner of N 14th St. and Erie Ave. two miles from the Western shoreline of Lake Michigan, and less than 7 miles from the Whistling Straits Golf Course, host of major championships, including the 43rd Ryder Cup.

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