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__57317714.png "STREAM Capital Partners")
| Price $4,749,830 | Built/Renov 2008 | Tenant CVS Pharmacy |
| Cap Rate 7.10% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,225
| Lease Start
01-01-2024
| #Units
9,395
|
| Price/SF $359.16 | Expiration
01-31-2034
| Tenant Type Pharmacy |
| NOI $337,238 | R. Term 9.2 | Ownership Fee Simple |
| Rent/SF
$25.50
| Increases 5.0%/10/yrs | Pop 5Mi 28,358 |
| Lot/AC 1.77 | Options 6/5yrs/5% | AHHI 5Mi $99,668 |
| | |
CVS Phamacy is strategically located at the signalized, hard corner intersection of Highway 231 and Patterson Lane, with access to a combined daily traffic count of 32,250 vehicles. The property is adjacent to Urgent Medicare and in close proximity to Leo at Flint Crossing, a 266-unit luxury development. The surrounding area features well-known national tenants, including Circle K, Publix,...
...Signalized intersection
Hard corner intersection
Near major nationals
Highway location
Affluent suburb location
Major MSA
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 2,218 | 12,608 | 28,117 |
| 2023 Total Population : | 2,159 | 12,334 | 27,435 |
| 2023 Employed Civilian Pop : | 1,079 | 6,105 | 13,569 |
| 2023 Total Businesses : | 46 | 226 | 449 |
| 2023 Average Household Income : | $ 122,338 | $ 118,161 | $ 107,707 |
| 2023 Total Consumer Spending : | $ 83 M | $ 470 M | $ 978 M |
| 2023 Median Age : | 42 | 41 | 41 |
| 2023 Total Households : | 796 | 4,634 | 10,531 |
| 2023 Pop Age 25+: Bachelor's Degree : | 549 | 2,546 | 4,630 |
| 2023 Average Home Value : | $ 285,417 | $ 293,892 | $ 277,020 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Steger Rd | 2014 | 31,250 | 0.11 mi | |
| US Hwy 231 | Monroe Rd | 2020 | 30,471 | 0.74 mi |
| US 231;US 431 | Hwy 231 | 2021 | 30,471 | 0.74 mi |
| US Hwy 231 | Jacob Landing Dr | 2017 | 28,070 | 1.10 mi |
| Jacob Landing Dr | Clear Springs Cir | 2004 | 7,470 | 1.14 mi |
| Monroe Road | Piper Ln | 2021 | 2,926 | 1.24 mi |
| Monroe Road | Beaconsfield Dr | 2020 | 2,926 | 1.24 mi |
| Meridianville Bottom Road | Hwy 231 431 N | 2018 | 3,339 | 1.32 mi |
| Meridianville Bottom Road | Strong Mill Rd | 2020 | 3,389 | 1.35 mi |
| Meridianville Bottom Road | McCollum Rd | 2021 | 3,389 | 1.35 mi |
Jerseyville, IL
Cap Rate 7.50%
Lease Double NN
R. Term 16.40 yrs
Size/SF 11,945
Gettysburg, PA
Cap Rate 8.00%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 14,584
Batavia, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 8.20 yrs
Size/SF 11,945
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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