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| Price $3,996,000 | Built/Renov 1999 | Tenant CVS Pharmacy |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
15,600
| Lease Start
12-01-2006
| #Units
9,395
|
| Price/SF $256.15 | Expiration
01-31-2032
| Tenant Type Pharmacy |
| NOI $279,727 | R. Term 7.2 | Ownership Fee Simple |
| Rent/SF
$17.93
| Increases 0.0%/0/yrs | Pop 5Mi 270,547 |
| Lot/AC 1.40 | Options 10/5yrs | AHHI 5Mi $62,642 |
| | |
CVS Pharmacy is strategically located at the signalized, hard-corner intersection of North Hollywood Boulevard and East Lake Mead Boulevard, with access to a combined daily traffic count of 43,700 vehicles. The property benefits from its close proximity to State Highway 612, which sees 56,100 VPD, and is positioned as an outparcel at Sunrise Plaza, a neighborhood center anchored by an...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Income tax free state
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 | |
| 2029 Total Population : | 21,035 | 89,699 | 277,129 |
| 2024 Total Population : | 20,816 | 87,991 | 271,499 |
| 2024 Employed Civilian Pop : | 9,312 | 38,820 | 118,720 |
| 2024 Total Businesses : | 147 | 1,186 | 3,736 |
| 2024 Average Household Income : | $ 83,781 | $ 78,717 | $ 69,195 |
| 2024 Total Consumer Spending : | $ 506 M | $ 1903 M | $ 5320 M |
| 2024 Median Age : | 35 | 34 | 33 |
| 2024 Total Households : | 6,816 | 27,262 | 86,037 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,362 | 4,626 | 12,323 |
| 2024 Average Home Value : | $ 413,477 | $ 395,630 | $ 362,062 |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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