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| Price $4,375,900 | Built/Renov 2015 | Tenant CVS Pharmacy |
| Cap Rate 7.50% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
11,945
| Lease Start
08-24-2015
| #Units
9,395
|
| Price/SF $429.24 | Expiration
01-31-2041
| Tenant Type Pharmacy |
| NOI $328,145 | R. Term 16.1 | Ownership Fee Simple |
| Rent/SF
$27.47
| Increases 5.0%/17/yrs | Pop 5Mi 10,817 |
| Lot/AC 1.49 | Options 5/5yrs/5% | AHHI 5Mi $77,619 |
| | |
CVS is strategically located at the signalized, hard corner intersection of S State Street and E Carpenter Street with access to 22,750 vehicles per day. The property is within close proximity to numerous national/credit tenants including Domino’s, Dairy Queen, Dollar General, McDonalds and Auto zone. Additionally, the tenant is less than 2 miles from Jersey Community Hospital providing a...
...Signalized intersection
Hard corner intersection
Near major nationals
Strategically located
Hospital close
Top 100 MSA
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 | |
| 2029 Total Population : | 7,000 | 9,741 | 10,551 |
| 2024 Total Population : | 7,021 | 9,819 | 10,659 |
| 2024 Employed Civilian Pop : | 3,390 | 4,711 | 5,134 |
| 2024 Total Businesses : | 349 | 480 | 495 |
| 2024 Average Household Income : | $ 103,959 | $ 114,025 | $ 115,668 |
| 2024 Total Consumer Spending : | $ 280 M | $ 413 M | $ 449 M |
| 2024 Median Age : | 43 | 43 | 43 |
| 2024 Total Households : | 3,013 | 4,080 | 4,384 |
| 2024 Pop Age 25+: Bachelor's Degree : | 717 | 1,080 | 1,170 |
| 2024 Average Home Value : | $ 168,246 | $ 184,017 | $ 189,531 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Jefferson Street | E Arch St | 2022 | 1,550 | 0.03 mi |
| IL 16 | S Jefferson St | 2021 | 7,150 | 0.03 mi |
| US 67 | E Carpenter St | 2021 | 12,200 | 0.03 mi |
| S Jefferson St | E Carpenter St | 2004 | 3,150 | 0.06 mi |
| US 67 | Goodrich St | 2021 | 15,400 | 0.07 mi |
| S State St | 2022 | 400 | 0.07 mi | |
| IL 16 | S Washington St | 2021 | 7,200 | 0.07 mi |
| East Arch Street | S Giddings Ave | 2022 | 400 | 0.09 mi |
| US 67 | W Arch St | 2021 | 11,500 | 0.09 mi |
| South Washington Street | W Arch St | 2022 | 700 | 0.10 mi |
Chicago, IL
Cap Rate 7.15%
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Size/SF 17,500
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Batavia, NY
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Maplewood, MN
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Missouri City, TX
Cap Rate 8.50%
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Size/SF 73,311
Meridianville, AL
Cap Rate 7.10%
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Philadelphia, PA
Cap Rate 8.32%
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Las Vegas, NV
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 15,600
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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