Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    6210 Century Ave Middleton, WI 53562

    Sponsored
    For Sale
    Contact for pricing

    Wisconsin Retail Investment - Strong NOI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    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 Features for 6210 Century Ave

    General Information

    Property type
    Individual retail properties

    HighLights

    • 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.
    • Retail property (pharmacy/drug subtype) with low landlord responsibilities.
    • Attractive for 1031 exchange investors; debt assumption/refinancing options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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

    Nearby Similar for Sale

    • New
      $1,799,000
      0.12 Acres

      New Construction Home with Apartment

      New 5-bedroom home with separate apartment in Middleton, WI.
      4029 Serenbe St, Middleton, WI 53562
      View Details
    • $1,099,000
      3,186 SF

      Historic Farmette with Income Potential

      Renovated 6.25-acre farmette near Middleton with multiple outbuildings.
      6988 Schneider Rd, Middleton, WI 53562
      View Details
    • $1,099,000
      6.25 Acres

      Historic Farmette with Rental Unit

      Renovated farmhouse with rental, outbuildings, and income potential.
      6988 Schneider Rd, Middleton, WI 53562
      View Details
    • New
      $1,850,000
      0.11 Acres

      Middleton Multi-Family Zoned Residence

      Contemporary residence in Middleton with flexible apartment and sustainable features.
      4043 Serenbe St, Middleton, WI 53562
      View Details
    • New
      $1,090,000

      Middleton Apartment/Condo Complex For Sale

      Six-unit apartment/condo complex near UW Hospital and Downtown Madison.
      7418 Century Ave, Middleton, WI 53562
      View Details
    • $2,950,000
      10,497 SF

      Retail Property Near US Hwy

      Retail property with high exposure and access to Middleton corridor.
      2259 Deming Way, Middleton, WI 53562
      View Details
    • Contact for pricing
      5,000 SF

      Downtown Middleton Restaurant and Apartments

      Restaurant space with apartments in downtown Middleton.
      1920 Parmenter St, Middleton, WI 53562
      View Details
    • $1,500,000
      5,000 SF

      Downtown Middleton Freestanding Building

      5,000 SF building in the heart of downtown Middleton.
      7702-7704 Terrace Ave, Middleton, WI 53562
      View Details
    • $2,225,000
      16,295 SF

      Retail/Industrial Building on University Avenue

      Single-story retail/industrial building with high visibility and frontage.
      8311 University Ave, Middleton, WI 53562
      View Details
    • $850,000
      6,191 SF

      Commercial Condo Portfolio in Middleton

      Portfolio of six commercial condo units, fully leased.
      6629 University Ave, Middleton, WI 53562
      View Details
    • Contact for pricing
      67,500 SF

      Industrial Space in Middleton, WI

      67,500 SF industrial space with easy access to amenities.
      2335 Eagle Dr, Middleton, WI 53562
      View Details
    • $850,000
      6,191 SF

      Middleton Commercial Condo Portfolio

      Six Units, High ROI Potential
      6629 University Ave, Middleton, WI 53562
      View Details

    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.
    Request Owner's contact information
    6210 Century Ave Middleton, WI 53562
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6210 Century Ave
    Middleton, WI 53562
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6210 Century Ave Middleton, WI 53562
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.