Dollar Tree Sublease (Dark CVS)
Retail | 6.75% CAP | 13,232 SqFt
Marketing description
Exclusive Realty is pleased to present this 13,232 SF CVS Pharmacy (Dark) that is sub-leased to Dollar Tree and is located in Omaha, NE. The property has a NNN Lease, leaving minimal Landlord Responsibilities. The lease is corporately guaranteed by CVS Caremark Corporation, which holds a credit rating of “BBB+” and this is classified as investment grade. The subject offering represents an ideal opportunity for a 1031 Exchange buyer. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top pharmacies.
Investment highlights
NNN Lease/Zero Landlord Responsibilities
Dollar Tree Sub-Lease (Dark - CVS)
Lease is Corporately Guaranteed by CVS, the largest pharmacy chain in the U.S | S&P “BBB+"
Located in Omaha, NE, home to over 480K People
Over 12 Years Left on the Lease
Corporately Guaranteed Lease
Average Income of household over $88,000 within a five mile radius
Population of over 190,000 within a in five mile radius Intersection it is located on sees almost 20,000 vehicles per day
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