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__801199477.png "STREAM Capital Partners")
| Price $5,326,917 | Built/Renov 2000 | Tenant CVS Pharmacy |
| Cap Rate 6.65% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
15,251
| Lease Start
05-30-2013
| #Units
9,395
|
| Price/SF $349.28 | Expiration
01-31-2034
| Tenant Type Pharmacy |
| NOI $354,240 | R. Term 9.2 | Ownership Fee Simple |
| Rent/SF
$23.23
| Increases 10.0%/9/yrs | Pop 5Mi 141,893 |
| Lot/AC 1.24 | Options 4/5yrs/10% | AHHI 5Mi $79,791 |
| | |
CVS Pharmacy is strategically located on Challenger Way, with access to a daily traffic count of 21,900 vehicles. The property is conveniently situated near Edwards Air Force Base and various defense companies such as Northrop Grumman, Clancy JG International, and Machfinish. Antelope Valley Hospital is set to open just 3 miles from the site, with a projected completion date in 2026. The...
...In location for years
Dense retail corridor
Near major nationals
Strong tenant synergy
Top 100 MSA
Strong demographics
Favorable NN+ lease
Traded and rated company
Corporate Guarantee
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 : | 25,881 | 104,026 | 142,980 |
| 2022 Total Population : | 26,610 | 105,868 | 145,687 |
| 2022 Employed Civilian Pop : | 8,733 | 36,084 | 52,855 |
| 2022 Total Businesses : | 328 | 3,159 | 4,602 |
| 2022 Average Household Income : | $ 66,182 | $ 67,392 | $ 79,661 |
| 2022 Total Consumer Spending : | $ 441 M | $ 1905 M | $ 3181 M |
| 2022 Median Age : | 30 | 30 | 32 |
| 2022 Total Households : | 7,728 | 32,531 | 46,172 |
| 2022 Pop Age 25+: Bachelor's Degree : | 1,680 | 6,611 | 11,541 |
| 2022 Average Home Value : | $ 311,352 | $ 334,797 | $ 411,192 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East Nugent Street | Challenger Way | 2019 | 15,548 | 0.18 mi |
| Challenger Way | 2014 | 13,125 | 0.21 mi | |
| Ave J | 2014 | 20,150 | 0.22 mi | |
| E Ave J | Hanstead Ave | 2014 | 18,100 | 0.27 mi |
| 10th St E | E Ave J 5 | 2014 | 17,100 | 0.32 mi |
| E Lancaster Blvd | 12th St E | 2014 | 7,550 | 0.50 mi |
| 15th St E | Marven St | 2014 | 4,900 | 0.51 mi |
| E Lancaster Blvd | Andale Ave | 2014 | 6,850 | 0.53 mi |
| 5th St E | E Woodington Dr | 2014 | 2,600 | 0.57 mi |
| 5th St E | E Nugent St | 2014 | 3,750 | 0.57 mi |
Silver Springs, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 11,982
Irvington, NJ
Cap Rate 5.75%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 12,300
Miami Gardens, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,058
Fishers, IN
Cap Rate 6.25%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,310
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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