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CVS 2222 S Webster Ave

15,113 SF Retail Building Green Bay, WI 54301 $2,702,425 ($179/SF) 8% Cap Rate

Drug Stores Wisconsin Green Bay 2222 S Webster Ave, Green Bay, WI 54301

Investment Highlights

  • Strong Credit Tenant I CVS is the only investment-grade credit pharmacy (S&P: BBB)
  • NNN I Fee Simple Ownership I No Landlord Responsibilities
  • Long-term lease with ten, 5-year options to renew
  • Full CVS corporate guaranty
  • Over 7 years remaining on the primary lease term
  • Large ±1.48 AC parcel with ±55 parking spaces

Executive Summary

Broker of Record
Matt Fitzgerald
License No. 938105-91 (WI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,113 SF
Building Class
C
Year Built
2000
Price
$2,702,425
Price Per SF
$179
Cap Rate
8%
NOI
$216,194
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Land Acres
1.48 AC
Parking
55 Spaces (3.64 Spaces per 1,000 SF Leased)

Links

1 of 1

PROPERTY TAXES

Parcel Number AL-74 Improvements Assessment $1,743,800
Land Assessment $608,500 Total Assessment $2,352,300

PROPERTY TAXES

Parcel Number
AL-74
Land Assessment
$608,500
Improvements Assessment
$1,743,800
Total Assessment
$2,352,300
(925) 718-7525

  • Listing ID: 33386410

  • Date on Market: 10/2/2024

  • Last Updated:

  • Address: 2222 S Webster Ave, Green Bay, WI 54301

More public record information on 2222 S Webster Ave, Green Bay, WI 54301

The Retail Property at 2222 S Webster Ave, Green Bay, WI 54301 is currently available For Sale. Contact Matthews Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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CVS | 2222 S Webster Ave
(925) 718-7525 x

CVS | 2222 S Webster Ave

1/2

Vincent Chapey

(925) 718-7525

(925) 718-7525

Chad Kurz

(949) 662-2252

(949) 662-2252

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