CVS Pharmacy
CVS | Long-Term Abs NNN Lease with High Yield | Close Proximity to Downtown Tampa Bay & Military Hub
Marketing description
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the CVS Pharmacy located in Tampa, Florida (“The Property”). The Property consists of a 13,145-square-foot freestanding retail building on a 1.61-acre parcel of land. CVS operates under an absolute NNN lease with approximately 9 years of lease term remaining.
The Property is located just 5 miles from downtown Tampa Bay - one of the fastest growing metros in the entire country. The Property also sits 3 miles from the MacDill Air Force Base - a massive military installation that is home to more than 12,000 active service members and 7,000 civilians. The city of Tampa Bay estimates that the military base contributes more than $3.5B of economic impact for the region on an annual basis, and supports over 105,000 direct and indirect jobs.
Investment highlights
Long-Term Absolute NNN Lease with High Yield
Prime Location Five Miles from Downtown Tampa
Proximity to Major Military & Employment Hub
Adjacent to Top National Retailers Driving Daily Traffic
Affluent & Expanding Demographics
Surging Economic Growth Backed by Major Infrastructure Investment
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