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| Price $3,974,000 | Built/Renov 2011 | Tenant CVS Pharmacy |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
12,014
| Lease Start
12-17-2010
| #Units
9,395
|
| Price/SF $330.78 | Expiration
01-31-2036
| Tenant Type Pharmacy |
| NOI $248,402 | R. Term 11.1 | Ownership Fee Simple |
| Rent/SF
$20.68
| Increases 0.0%/0/yrs | Pop 5Mi 27,364 |
| Lot/AC 1.37 | Options 10/5yrs | AHHI 5Mi $91,481 |
| | |
CVS is strategically located at the signalized, hard corner intersection of Osborne Road and Charlie Smith Senior Highway, with access to a combined daily traffic count of 31,000 vehicles. The property is within close proximity to well-known national tenants, including Walmart Supercenter, Winn Dixie, Anytime Fitness, DaVita, Dollar Tree, Dollar General, and more. Additionally, it is just 3...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent suburb location
Below Market Rent
Long 10+ yr lease
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...
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Charlie Smith Sr Hwy | Davis St | 2005 | 12,740 | 0.27 mi |
| Charles St | N 2nd St | 2004 | 55 | 0.41 mi |
| Charles Street | 3rd St | 2018 | 50 | 0.52 mi |
| Charles Street | 3rd St | 2019 | 50 | 0.52 mi |
| Charlie Smith Senior Highway | 5th St | 2019 | 10,700 | 0.74 mi |
| Charlie Smith Senior Highway | 5th St | 2018 | 10,700 | 0.74 mi |
| Osborne Road | Miller St | 2018 | 14,100 | 0.86 mi |
| Osborne Road | Miller St | 2019 | 14,000 | 0.86 mi |
| Palmetto St | Bob White Blvd | 2004 | 3,403 | 0.92 mi |
| State Route 40 | Cathrine St | 2005 | 16,170 | 1.08 mi |
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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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