Available
17+ Year NNN CVS With No Rent Holiday
1108 N 14th St Sheboygan, WI$5250000 /$100,000
Available
17+ Year NNN CVS With No Rent Holiday
1108 N 14th St Sheboygan, WI$5250000 /$100,000
- 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.