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| Price $5,181,000 | Built/Renov 2015 | Tenant CVS Pharmacy |
| Cap Rate 5.57% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,200
| Lease Start
10-16-2015
| #Units
9,395
|
| Price/SF $364.86 | Expiration
01-31-2041
| Tenant Type Pharmacy |
| NOI $288,583 | R. Term 16.1 | Ownership Fee Simple |
| Rent/SF
$20.32
| Increases 0.0%/0/yrs | Pop 5Mi 67,104 |
| Lot/AC 1.52 | Options 10/5yrs | AHHI 5Mi $82,279 |
| | |
CVS Pharmacy is strategically located at the signalized, hard corner intersection of North 14th Street and Erie Avenue, with access to a combined daily traffic count of 33,000 vehicles. The property is surrounded by well-known national tenants including Starbucks, Burger King, Domino's, AutoZone, Kwik Trip, and more. Additionally, it is close to key educational institutions including Jefferson...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Strategically located
Long 15+ yr lease
Absolute NNN
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...
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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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