Sold Subscription Required
| Price $3,759,543 | Built/Renov 1980/2000 | Tenant CVS Pharmacy |
| Cap Rate 10.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
17,204
| Lease Start
12-13-2001
| #Units
9,395
|
| Price/SF $218.53 | Expiration
01-31-2029
| Tenant Type Pharmacy |
| NOI $375,954 | R. Term 4.4 | Ownership Fee Simple |
| Rent/SF
$21.85
| Increases 0.0%/0/yrs | Pop 5Mi 188,053 |
| Lot/AC 1.47 | Options 9/5yrs | AHHI 5Mi $89,731 |
| | |
CVS Pharmacy is strategically located at the signalized, hard-corner intersection of Chardon Road and Bishop Road, two of the area’s primary commercial and commuter corridors, with access to a combined daily traffic count of 33,800 vehicles. The property is seconds from the Shoppes at Willoughby Hills, a grocery-anchored shopping center, and is 0.4 miles from Interstate 90, 1.3 miles from US...
...Signalized intersection
In location for years
Dense retail corridor
Near major nationals
Top 100 MSA
Strong demographics
Long operation history
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 | |
| 2028 Total Population : | 6,891 | 73,130 | 188,557 |
| 2023 Total Population : | 7,009 | 73,264 | 190,416 |
| 2023 Employed Civilian Pop : | 3,856 | 37,566 | 97,585 |
| 2023 Total Businesses : | 253 | 2,094 | 5,952 |
| 2023 Average Household Income : | $ 76,347 | $ 80,723 | $ 78,876 |
| 2023 Total Consumer Spending : | $ 232 M | $ 2328 M | $ 6045 M |
| 2023 Median Age : | 41 | 44 | 45 |
| 2023 Total Households : | 3,462 | 33,231 | 88,225 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,224 | 10,952 | 28,949 |
| 2023 Average Home Value : | $ 261,618 | $ 218,232 | $ 204,177 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Chardon Rd | Bishop Rd | 2014 | 11,085 | 0.10 mi |
| Bishop Rd | Plz Dr | 2014 | 18,851 | 0.15 mi |
| Chardon Rd | Fairview Dr | 2014 | 5,735 | 0.19 mi |
| Bishop Road | Bishop PkDr | 2021 | 20,642 | 0.23 mi |
| Chardon Rd | Emerald Lakes Ave | 2016 | 13,687 | 0.28 mi |
| Chardon Road | Stratford Way | 2021 | 11,291 | 0.31 mi |
| Bishop Rd | Eddy Rd | 2014 | 18,850 | 0.37 mi |
| RAMP FROM SR84 TO IR90 EB | Bishop Rd | 2021 | 4,737 | 0.41 mi |
| RAMP FROM IR90 EB TO SR84 | Bishop Rd | 2021 | 6,630 | 0.43 mi |
| Chardon Rd | Winchester Hill | 2013 | 9,320 | 0.44 mi |
Oxford, OH
Cap Rate 10.00%
Lease Abs NNN
R. Term 7.90 yrs
Size/SF 14,761
Edgewater, MD
Cap Rate 9.00%
Lease Abs NNN
R. Term 6.60 yrs
Size/SF 14,820
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
