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CVS NNN Drug Store
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2400 Velp Avenue, Green Bay, WI 54303

The absolute-net lease provides for zero landlord responsibilities.

Property SizeContact for details
Days on Market145

Property Features for 2400 Velp Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Cushman & Wakefield - San Diego, California
Listed By: Brandon Price · License #CA 01822998
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California

Investment Insights

Based on property information with market context.

This CVS/pharmacy property is subject to an absolute-net lease with zero landlord responsibilities. CVS is publicly traded on the New York Stock Exchange under the ticker CVS and holds a BBB+ credit rating from Standard & Poor’s.

The site occupies the signalized intersection of Velp Avenue and Glendale Avenue in Green Bay, Wisconsin, with access from two primary area traffic routes generating more than 20,900 combined vehicles per day. Nearby national retailers include McDonald’s, Family Dollar, Shell, Edward Jones, Subway, and Dairy Queen.

The property is in the northwest section of town, less than a ten-minute drive from Lambeau Field. The surrounding area includes more than 35,000 residents within three miles and more than 92,000 within five miles. A 150,000-square-foot senior living facility, Lighthouse of Howard, was developed nearby in June 2016.

Key Highlights

  • Absolute‑net lease provides for zero landlord responsibilities
  • CVS/pharmacy tenant with BBB+ credit rating from Standard & Poor’s
  • Signalized intersection of Velp Avenue and Glendale Avenue

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVSAL PICS Pharmacy CVS Pharmacy CVS Pharmacy Pharmacy UPS Access Point ... Courier Service

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Auto Parts Store Furniture & Home Goods Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby
51k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 36% Beauty & Spa 6% Hotels & Casinos 3%
McDonald's Dining
20,331 visits/mo 0.1 miles
BP Shops & Services
7,702 visits/mo 0.5 miles
A&W Restaurant Dining
7,492 visits/mo 0.5 miles
Down To Earth Shops & Services
4,266 visits/mo 0.2 miles
Shell Shops & Services
3,261 visits/mo 0.1 miles

Demographics for 54303, WI

27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - The absolute-net lease provides for zero landlord responsibilities.
Where is this nnn property located?
The property is located at 2400 Velp Avenue Green Bay, WI.
What are key features of this property?
This property features: Absolute‑net lease provides for zero landlord responsibilities; CVS/pharmacy tenant with BBB+ credit rating from Standard & Poor’s; Signalized intersection of Velp Avenue and Glendale Avenue
(858) 558-5670 Call to check price and availability
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