CVS I Replaceable Rent I Low Price Point I Zero Competition
Recent Extension I Long Term Occupancy
Investment highlights
Passive Income —- Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad Street and Holly Street with more than 11,000 Vehicles Passing Daily
Recent Extension w/ Replaceable Rent —- CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner Position
Lease Term —- CVS has 11 Years Remaining on the Base Term of the Lease with Rent Increases in Each Option, as a Hedge Against Inflation Making This an Ideal Investment For Passive 1031 Exchange Buyers
Highly Active Retail Corridor —- Subject Property is Surrounded by Many of the Nation’s Most Successful Retailers Including McDonald’s, Wendy’s, KFC, Bojangles, O’Reilly Auto Parts, and Advance Auto, Among Others
Limited Competition —- This Location Benefits from Being the Only Freestanding National Pharmacy Store within a 20-Mile Radius Providing Long Term Stability
Myrtle Beach Vicinity —- Subject Property is Strategically Located within 30-Miles form Myrtle Beach a Popular Beach Destination with more than 17 Million Visitors Annually
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