5740 Packard Ave Cudahy, WI 53110

This exceptional investment opportunity presents a fee-simple, absolute NNN leased CVS Pharmacy located at 5740 S Packard Ave, Cudahy, WI 53110. Boasting 16,854 square feet on a 1.59-acre parcel with approximately 65 parking spaces, this property benefits from excellent visibility and high traffic volume (approximately 18,500 vehicles per day) along S Packard Ave. The property features a single-lane drive-thru for added convenience. The lease, with a remaining term of 7.2 years (expiring 01/31/2032), provides a strong, investment-grade credit tenant (S&P: BBB) with a full corporate guaranty, minimizing landlord responsibilities. The property enjoys a 9.00% cap rate and a substantial net operating income (NOI) of $208,331. Built in 1995, this established location has an 18-year operating history and is strategically positioned near Lakeshore Medical Clinic (approximately 10.7 miles away), benefiting from a high average household income exceeding $87,497 within a 3-mile radius. The property's proximity to General Mitchell International Airport (approximately 4.6 miles) and significant e-commerce growth in the area further enhance its investment appeal. The nearest competing CVS is approximately 15.5 miles away. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment in a prime location.