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__57317714.png "STREAM Capital Partners")
| Price $3,040,983 | Built/Renov 1999 | Tenant CVS Pharmacy |
| Cap Rate 6.10% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
10,199
| Lease Start
06-01-2022
| #Units
9,395
|
| Price/SF $298.16 | Expiration
06-30-2037
| Tenant Type Pharmacy |
| NOI $185,500 | R. Term 12.7 | Ownership Fee Simple |
| Rent/SF
$18.19
| Increases 10.0%/13/yrs | Pop 5Mi 18,304 |
| Lot/AC 1.78 | Options 5/5yrs/10% | AHHI 5Mi $60,617 |
| | |
CVS Pharmacy is strategically located at the signalized, hard corner intersection of Shotwell Street and Scott Street, with access to a combined daily traffic count of 17,010 vehicles. The property is well positioned within the market adjacent to a Winn Dixie anchored shopping center, boasting three points of ingress/egress. The immediate trade area is surrounded by well-known national tenants...
...Signalized intersection
Dense retail corridor
Near major nationals
Hospital close
Major MSA
Long 10+ yr lease
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,806 | 16,712 | 20,069 |
| 2023 Total Population : | 6,724 | 16,287 | 19,626 |
| 2023 Employed Civilian Pop : | 2,401 | 5,883 | 6,973 |
| 2023 Total Businesses : | 421 | 732 | 780 |
| 2023 Average Household Income : | $ 54,045 | $ 69,635 | $ 69,413 |
| 2023 Total Consumer Spending : | $ 130 M | $ 388 M | $ 471 M |
| 2023 Median Age : | 34 | 38 | 38 |
| 2023 Total Households : | 2,703 | 6,280 | 7,635 |
| 2023 Pop Age 25+: Bachelor's Degree : | 524 | 1,303 | 1,450 |
| 2023 Average Home Value : | $ 177,314 | $ 198,958 | $ 193,223 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Scott St | E Shotwell St | 2005 | 12,840 | 0.08 mi |
| North Scott Street | E Broughton St | 2019 | 4,530 | 0.12 mi |
| North Scott Street | E Broughton St | 2018 | 4,560 | 0.12 mi |
| East Shotwell Street | S Russ St | 2019 | 13,000 | 0.12 mi |
| East Shotwell Street | S Scott St | 2019 | 10,100 | 0.14 mi |
| East Broughton Street | E Troupe St | 2019 | 1,060 | 0.15 mi |
| South Scott Street | E Green St | 2019 | 7,320 | 0.19 mi |
| E Evans St | S Russ St | 2005 | 800 | 0.21 mi |
| South Lamar Street | E Shotwell St | 2019 | 890 | 0.21 mi |
| East Broughton Street | Monroe St | 2019 | 1,370 | 0.24 mi |
Tifton, GA
Cap Rate 6.75%
Lease Abs NNN
R. Term 5.20 yrs
Size/SF 10,940
Booneville, MS
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 14,889
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
