6330 76th St Milwaukee, WI 53218-1208
- Drug stores
- 16,709 SF
- 2.46 lot acres
Current Use by Public Records
- Coinstar / Money Transfer Service
Property Details for 6330 76th St
- Year built
- 1996
- Lot size
- 2.46 lot acres
- Property size
- 16,709 SF
- Zone code
- IL1
- Property type
- Drug stores
- APN
- 154-0002-100
- APU
- 1540002100
Description
This fee-simple retail property offers a compelling investment opportunity. A 16,709 square foot building, currently a dark CVS Pharmacy, is situated on a 2.47-acre lot at the signalized intersection of N 76th St and W Mill Rd in Milwaukee, WI 53218. The property benefits from an absolute NNN lease with a credit-rated corporate guarantor (CVS Pharmacy), providing zero landlord responsibilities. The lease, originally signed in 2006 for 25 years, has approximately 7.2 years remaining, with ten 5-year renewal options. The asking price is $2,656,494, representing a 7.25% cap rate and a NOI of $192,596. The property enjoys high visibility along major traffic arteries, with combined daily traffic counts exceeding 47,300 vehicles. Its location is strategically advantageous, directly across from the 117,000 square foot Mill Road Shopping Center, and within a densely populated area boasting over 117,000 residents within a three-mile radius and over 267,000 within five miles. Nearby national retailers include Walgreens, Save A Lot, Family Dollar, and O'Reilly Auto Parts. This presents a stable, low-maintenance investment with significant long-term potential. The property's strong location and creditworthy tenant make it an attractive addition to any portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $665,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Milwaukee
- County
- Milwaukee
- State
- Wisconsin
- Longitude
- -88.0047
- Latitude
- 43.1334
- CBSA code
- 33340
- CBSA name
- MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
