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| Price $3,039,822 | Built/Renov 2004 | Tenant CVS Pharmacy |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
10,940
| Lease Start
12-17-2004
| #Units
9,395
|
| Price/SF $277.86 | Expiration
01-31-2030
| Tenant Type Pharmacy |
| NOI $205,188 | R. Term 5.1 | Ownership Fee Simple |
| Rent/SF
$18.76
| Increases 0.0%/0/yrs | Pop 5Mi 31,223 |
| Lot/AC 1.38 | Options 10/5yrs | AHHI 5Mi $51,595 |
| | |
The 10,940 square-foot building is located along 8th Street (7,130 VPD) and within proximity to Interstate 75 (52,700 VPD) which are primary thoroughfares through Tifton, Georgia. The subject property is surrounded by several shopping centers including Tifton Mall. Tenants occupying those shopping centers include Publix, T.J. Maxx, Tractor Supply Company, Big Lots, Bath & Body Works,...
...Signalized intersection
High traffic 50M+ VPD
Near major nationals
Highway location
Long operation history
Low rent to sales ratio
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,648 | 25,728 | 32,157 |
| 2023 Total Population : | 6,669 | 25,257 | 31,539 |
| 2023 Employed Civilian Pop : | 3,143 | 10,732 | 13,692 |
| 2023 Total Businesses : | 685 | 1,440 | 1,594 |
| 2023 Average Household Income : | $ 65,181 | $ 66,432 | $ 71,301 |
| 2023 Total Consumer Spending : | $ 157 M | $ 575 M | $ 772 M |
| 2023 Median Age : | 36 | 36 | 37 |
| 2023 Total Households : | 2,736 | 9,827 | 12,324 |
| 2023 Pop Age 25+: Bachelor's Degree : | 332 | 1,362 | 1,943 |
| 2023 Average Home Value : | $ 162,184 | $ 178,701 | $ 188,087 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Park Ave N | 8th St W | 2004 | 1,678 | 0.04 mi |
| 8th Street West | N Central Ave | 2019 | 7,130 | 0.07 mi |
| Love Avenue | 8th St W | 2019 | 4,870 | 0.17 mi |
| Central Avenue | N Central Ave | 2021 | 3,820 | 0.19 mi |
| Central Avenue | W 4th St | 2019 | 3,820 | 0.19 mi |
| Tift Avenue South | E 3rd St | 2021 | 8,450 | 0.24 mi |
| Love Avenue | E 6th St | 2019 | 5,750 | 0.26 mi |
| 8th Street West | N College Ave | 2019 | 6,230 | 0.26 mi |
| W 4th St | Clyde Ln | 2005 | 2,630 | 0.27 mi |
| West 12th Street | Clyde Ln | 2018 | 6,300 | 0.28 mi |
Bainbridge, GA
Cap Rate 6.10%
Lease NN+
R. Term 12.70 yrs
Size/SF 10,199
Antioch, CA
Cap Rate 7.75%
Lease Abs NNN
R. Term 13.70 yrs
Size/SF 13,013
Springfield, MA
Cap Rate 7.50%
Lease Double NN
R. Term 35.90 yrs
Size/SF 13,855
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
