Freestanding CVS
For Sale
Contact for pricing
5220 W Rawson Ave, Franklin, WI 53132
Absolute NNN lease structure with no landlord responsibilities supports a passive ownership profile.
Property SizeContact for details
Days on Market141
Property Features for 5220 W Rawson Ave
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Asking Price
$7,700,000
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:34AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
This freestanding drugstore at 5220 W Rawson Ave in Franklin, Wisconsin, is occupied by CVS Corporation under an absolute net lease. Approximately 17 years remain in the initial lease term, followed by ten 5-year renewal options. The lease carries no rent holiday, and the property is offered free and clear of debt. Landlord responsibilities are excluded under the absolute net structure.
The property is 12.8 miles southeast of Downtown Milwaukee and serves a trade area with approximately 168,712 residents within five miles. Average household income within one mile is $99,512. It is identified as the only freestanding CVS drugstore within a 7-mile radius, while other nearby CVS locations operate within Target stores.
Medical infrastructure in the surrounding area includes Wheaton Franciscan Hospital, a 44-bed facility located six miles southeast, along with six clinics and 24 group, assisted living, and retirement homes in Franklin.
The property is 12.8 miles southeast of Downtown Milwaukee and serves a trade area with approximately 168,712 residents within five miles. Average household income within one mile is $99,512. It is identified as the only freestanding CVS drugstore within a 7-mile radius, while other nearby CVS locations operate within Target stores.
Medical infrastructure in the surrounding area includes Wheaton Franciscan Hospital, a 44-bed facility located six miles southeast, along with six clinics and 24 group, assisted living, and retirement homes in Franklin.
Key Highlights
- Freestanding CVS drugstore at 5220 W Rawson Ave, Franklin, WI 53132
- Approximately 17 years remaining on the initial lease term
- Ten 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
71
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53132, WI
36,166
Population
14,073
Households
2.6
Avg Household Size
44
Median Age
46%
College-Educated
95%
High-School Grad
34.7 sq mi
ZIP Area
1,042
Density / Sq Mi
$110,656
Median Household Income
$64,194
Median Earnings
$1,380
Median Rent
$345,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CVS — 5220 W Rawson Ave, Franklin, WI 53132
- CVS Pharmacy — 5220 W Rawson Ave, Franklin, WI 53132, United States
- Sarah Seward — 5220 W Rawson Ave, Franklin, WI 531328806
- Bridget Fleming — 5220 W Rawson Ave, Franklin, WI 531328806
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN lease structure with no landlord responsibilities supports a passive ownership profile.
Where is this drug store located?
The property is located at 5220 W Rawson Ave Franklin, WI.
What are key features of this property?
This property features: Freestanding CVS drugstore at 5220 W Rawson Ave, Franklin, WI 53132; Approximately 17 years remaining on the initial lease term; Ten 5‑year renewal options
