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| Price $4,238,092 | Built/Renov 2010 | Tenant CVS Pharmacy |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,992
| Lease Start
12-17-2010
| #Units
9,395
|
| Price/SF $302.89 | Expiration
01-31-2036
| Tenant Type Pharmacy |
| NOI $275,476 | R. Term 11.2 | Ownership Fee Simple |
| Rent/SF
$19.69
| Increases 0.0%/0/yrs | Pop 5Mi 7,962 |
| Lot/AC 2.51 | Options 10/5yrs | AHHI 5Mi $55,145 |
| | |
The 13,992 square-foot building, equipped with a drive-thru, is located at the intersection of West College Street and SR 25 which experiences a combined traffic count of 20,400 vehicles per day. The subject property is surrounded by several nationally recognized tenants including Piggly Wiggly, O’Reilly Auto Parts, McDonald’s, Regions Bank, Dollar Tree, Circle K, and NAPA Auto Parts. The...
...Near major nationals
Strategically located
Highway close
Top 100 MSA
Long operation history
Absolute NNN
Limited competition
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 : | 2,787 | 5,821 | 8,358 |
| 2023 Total Population : | 2,689 | 5,549 | 8,002 |
| 2023 Employed Civilian Pop : | 691 | 1,990 | 3,101 |
| 2023 Total Businesses : | 215 | 282 | 325 |
| 2023 Average Household Income : | $ 73,539 | $ 78,017 | $ 80,183 |
| 2023 Total Consumer Spending : | $ 41 M | $ 120 M | $ 186 M |
| 2023 Median Age : | 36 | 38 | 39 |
| 2023 Total Households : | 641 | 1,762 | 2,646 |
| 2023 Pop Age 25+: Bachelor's Degree : | 140 | 389 | 581 |
| 2023 Average Home Value : | $ 315,849 | $ 317,177 | $ 300,707 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West College Street | Industrial Pkwy | 2021 | 10,960 | 0.12 mi |
| West College Street | Walton St | 2020 | 10,960 | 0.12 mi |
| SR 25 | Washboard Rd | 2019 | 8,958 | 0.13 mi |
| AL 25 | Columbiana Sq | 2021 | 8,305 | 0.21 mi |
| State Rte 25 | Chelsea Rd | 2020 | 8,305 | 0.21 mi |
| West College Street | Mill St | 2020 | 9,949 | 0.22 mi |
| Depot Street | Butler St | 2021 | 1,506 | 0.24 mi |
| North Main Street | Meyer St | 2021 | 2,582 | 0.50 mi |
| State Rte 25 | W College St | 2020 | 7,327 | 0.53 mi |
| East College Street | Short St | 2021 | 5,264 | 0.59 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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