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6210 Century Ave Middleton, WI 53562

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For Sale
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Wisconsin Retail Investment - Strong NOI

Property Features for 6210 Century Ave

General Information

Property type
Individual retail properties

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Listing Contact
Kyle Woo

Listing Agency: Madison Creek Investments Listing Agent: Kyle Woo

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a fee-simple owned CVS Pharmacy located at 6210 Century Ave, Middleton, WI 53562. The property is a single-tenant, absolute NNN lease with a highly creditworthy tenant, CVS Pharmacy. The current lease boasts a remaining term of approximately 9.7 years, extending to July 31, 2034, with ten 5-year renewal options providing significant long-term stability. The property generates a substantial net operating income (NOI) of $433,967 annually. The lease commenced on June 1, 2009, and is structured as an absolute triple-net (NNN) lease, meaning the tenant is responsible for all property expenses including taxes, insurance, and maintenance. This significantly reduces the landlord's operational responsibilities and risk. The property is categorized as retail, specifically within the pharmacy/drug subtype. This offering is particularly attractive for 1031 exchange investors seeking a secure, high-yield investment with a proven track record. Debt assumption or paydown/readvance options are available, offering further flexibility for potential buyers. The property's location in Middleton, Dane County, Wisconsin, benefits from strong demographics and convenient access. This is a rare opportunity to acquire a well-performing, passively managed retail investment with a blue-chip tenant and substantial remaining lease term.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Middleton
County
Dane
State
Wisconsin
Longitude
-89.4877391
Latitude
43.1048953

FAQs

What type of property is this?
Individual retail property - Wisconsin Retail Investment - Strong NOI
Where is this individual retail property located?
The property is located at 6210 Century Ave Middleton, WI.
What are key features of this property?
This property features: Fee-simple owned CVS Pharmacy in Middleton, WI.; Absolute NNN lease with a highly creditworthy tenant, CVS, offering significant long-term stability (9.7 years remaining + 10 five-year options).; Strong annual NOI of $433,967.
More about this property
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