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| Price $5,332,385 | Built/Renov 2010 | Tenant CVS Pharmacy |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
11,982
| Lease Start
12-01-2010
| #Units
9,395
|
| Price/SF $445.03 | Expiration
01-31-2036
| Tenant Type Pharmacy |
| NOI $346,605 | R. Term 11.1 | Ownership Fee Simple |
| Rent/SF
$28.93
| Increases 0.0%/0/yrs | Pop 5Mi 12,396 |
| Lot/AC 2.01 | Options 10/5yrs | AHHI 5Mi $38,137 |
| | |
The 11,982 square-foot building is located along East Highway 40, a primary thoroughfare for Silver Springs that connects to Ocala and sees over 12,500 vehicles per day. Neighboring tenants occupying the corridor include Winn-Dixie, Dollar Tree, Regions Bank, Advance Auto Parts, U-Haul, Family Dollar, Circle K, and Domino’s Pizza. There are 10,257 people living within a 5-mile radius who earn...
...Signalized intersection
Hard corner intersection
Major thoroughfare
Highway location
Income tax free state
Absolute NNN
Long 10+ yr 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 | |
| 2028 Total Population : | 1,508 | 19,071 | 57,984 |
| 2023 Total Population : | 1,579 | 19,035 | 59,414 |
| 2023 Employed Civilian Pop : | 888 | 8,882 | 27,195 |
| 2023 Total Businesses : | 59 | 772 | 2,393 |
| 2023 Average Household Income : | $ 62,829 | $ 80,938 | $ 83,263 |
| 2023 Total Consumer Spending : | $ 42 M | $ 600 M | $ 1784 M |
| 2023 Median Age : | 52 | 53 | 45 |
| 2023 Total Households : | 764 | 8,506 | 24,618 |
| 2023 Pop Age 25+: Bachelor's Degree : | 260 | 2,333 | 7,135 |
| 2023 Average Home Value : | $ 247,026 | $ 210,172 | $ 221,517 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| East Silver Springs Boulevard | NE 60th Ct | 2020 | 12,800 | 0.04 mi |
| East Silver Springs Boulevard | NE 60th Ct | 2021 | 13,000 | 0.04 mi |
| E Silver Springs Blvd | NE 56th Ave | 2004 | 14,700 | 0.35 mi |
| NE 55th Ave | NE 30th St | 2008 | 7,400 | 0.40 mi |
| East Silver Springs Boulevard | NE 64th Ave | 2019 | 14,600 | 0.52 mi |
| Northeast 53rd Avenue | NE 58th Ave | 2021 | 5,300 | 0.72 mi |
| East Silver Springs Boulevard | NE 64th Ave | 2021 | 13,000 | 0.72 mi |
| E Silver Springs Blvd | Silver Spring Airport Rd | 2005 | 24,000 | 0.80 mi |
| Northeast 58th Avenue | NE 24th St | 2019 | 12,200 | 0.88 mi |
| Northeast 58th Avenue | NE 24th St | 2021 | 12,200 | 0.88 mi |
Lancaster, CA
Cap Rate 6.65%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 15,251
Sheboygan, WI
Cap Rate 5.57%
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R. Term 16.30 yrs
Size/SF 14,200
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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