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CVS Leasehold 9-Property Portfolio
Retail CVS in NV | Fee Simple & Leasehold Ownership | Drive-Thru Equipped | 122,245 SF
Listing Contacts
See All (4)
License: CA CA 01928036
License: CA 01915138
Active
Asking Price: $21,724,000
Address (9 locations)
1402 E Lake Mead Pkwy, Henderson, NV 89015
Show on Map885 Central Ave, Albany, NY 12206
Show on Map1571 Forest Ave, Staten Island, NY 10302
Show on Map4 Hall St, Concord, NH 03301
Show on Map542 Providence Rd, Charlotte, NC 28207
Show on Map4700 Piedmont Ave, Oakland, CA 94611
Show on Map2902 Forestville Rd, Raleigh, NC 27616
Show on Map6206 Commerce Palms Dr, Tampa, FL 33647
Show on Map301 S 6th Ave, Wauchula, FL 33873
Show on MapDate Added
Jul 16, 2024
Days on Market
252 days
Time Since Last Update
62 days
Details
Property TypeRetail
SubtypePharmacy/Drug
Lease TypeAbsolute NNN
Tenant CreditCorporate Guarantee
TenancySingle
Brand/TenantCVS Pharmacy
Square Footage122,245
Price/Sq Ft$177.71
Cap Rate10.87%
NOI$2,361,334
Lot Size (acres)18.95
Ground LeaseYes
OwnershipLeasehold (Building Ownership)
Marketing Description
Broker of Record
Broker: Tami Lord, SRS Real Estate Partners, LLC | NV License No. B.1001815
Broker of Record: Dan Richman, SRS Real Estate Partners-Northeast, LLC | NY License No. 10491205921 Principal Broker: Jonathan Lapat, SRS Real Estate Partners-Boston, LLC | NH License No. 066089
Real Estate Broker: Daniel Richman, SRS Real Estate Partners-Northeast, LLC | CT License No. REB.0790882 Broker in Charge: Patrick Nutt, SRS Real Estate Partners-SoFlo LLC | NC License No. 281618
Qualifying Broker: John Artope, SRS Real Estate Partners-Southeast LLC | FL License No. BK3172617
Investment Highlights
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9 CVS Investment Properties Across 6 States
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All Locations are Drive-Thru Equipped | MinuteClinics
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Strong Average Household Incomes | 9 Years of WALT
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Absolute NNN Leases | No Landlord Responsibilities
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$2,361,334.00
$196,777.83/mo
Valuation Metrics
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0
DSCR
10.87%
Cap Rate
10.87%
ROI
Property History
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Due Diligence
Listing Contacts
See All (4)- License: CA CA 01928036
- License: CA 01915138
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Broker Information
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