6330 76th St, Milwaukee, WI 53218-1208

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.