| Price $6,201,522 | Built/Renov 2017 | Tenant CVS Pharmacy |
| Cap Rate 5.43% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
12,900
| Lease Start
09-27-2017
| #Units
9,395
|
| Price/SF $480.74 | Expiration
01-31-2043
| Tenant Type Pharmacy |
| NOI $336,560 | R. Term 18.8 | Ownership Fee Simple |
| Rent/SF
$26.09
| Increases 0.0%/0/yrs | Pop 5Mi 134,833 |
| Lot/AC 1.52 | Options 10/5yrs | AHHI 5Mi $108,120 |
| | |
CVS Pharmacy is strategically located at the signalized, hard corner intersection of FM 2181 and Teasley Lane, with access to a combined daily traffic count of 35,600 vehicles. The immediate vicinity is surrounded by well-known national tenants, including 7-Eleven, Sprouts Farmers Market, Kroger, McDonald’s, Walgreens, and more. Furthermore, the property is conveniently situated less than one...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Income tax free state
Long 15+ yr lease
Absolute NNN
Traded and rated company
Investment grade tenant
CVS Pharmacy, Inc. is an American retail corporation and is the largest pharmacy chain in the United States by number of locations and total prescription revenue. CVS sells prescription drugs and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2027 Total Population : | 6,818 | 62,423 | 140,459 |
| 2022 Total Population : | 6,573 | 60,019 | 134,608 |
| 2022 Employed Civilian Pop : | 3,333 | 29,153 | 66,900 |
| 2022 Total Businesses : | 57 | 1,046 | 3,987 |
| 2022 Average Household Income : | $ 141,578 | $ 145,569 | $ 143,978 |
| 2022 Total Consumer Spending : | $ 250 M | $ 2509 M | $ 5766 M |
| 2022 Median Age : | 36 | 36 | 36 |
| 2022 Total Households : | 2,110 | 20,487 | 47,504 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,172 | 12,604 | 28,892 |
| 2022 Average Home Value : | $ 315,769 | $ 352,439 | $ 380,773 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Teasley Ln | Village Pkwy | 2016 | 19,877 | 0.05 mi |
| Teasley Lane | Village Pkwy | 2020 | 15,183 | 0.05 mi |
| Oakmont Dr | Maiden Ct | 2009 | 3,260 | 0.32 mi |
| Old Alton Rd | Teasley Ln | 2009 | 7,160 | 0.55 mi |
| Teasley Ln | Cedar Creek Ln | 2011 | 18,357 | 0.72 mi |
| Teasley Ln | Old Alton Dr | 2011 | 19,320 | 0.80 mi |
| Old Alton Dr | Teasley Ln | 2011 | 5,578 | 0.81 mi |
| Montecito Dr | Charter Bend | 2011 | 3,910 | 0.88 mi |
| Meadowview Dr | Yellowstone Ln | 2009 | 610 | 0.88 mi |
| Teasley Ln | Lighthouse Dr | 2011 | 19,007 | 0.92 mi |
Staten Island, NY
Cap Rate 5.43%
Lease Abs NNN
R. Term 8.20 yrs
Size/SF 8,299
Torrance, CA
Cap Rate 4.78%
Lease Abs NNN
R. Term 0.80 yrs
Size/SF 25,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
