15843 E. HIGHWAY 40, Silver Springs, FL 34488 For Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy located in Silver Springs, Florida. The lease runs through January 2036 leaving over 9 years remaining on the primary term. CVS has been successfully operating at this location since 2010, demonstrating commitment to the site. The lease is triple net which presents no landlord responsibilities and has ten 5-year renewal options attached. The lease also features a corporate guaranty from CVS and is located in the income tax-free state of Florida

The 11,982 square-foot building is located along East Highway 40, a primary thoroughfare for Silver Springs that connects to Ocala and experiences over 12,500 vehicles per day. Neighboring tenants occupying the corridor include Winn-Dixie, Dollar Tree, Regions Bank, Advance Auto Parts, U-Haul, Family Dollar, Circle K, and Domino’s Pizza. There are 12,396 people living within a 7-mile radius who earn an average household income of $55,233. The subject property is also less than one half mile from the Marion County Sheriff’s Department and Fire & Rescue Station.

CVS Health Corporation, founded in 1963 as Consumer Value Stores and headquartered in Woonsocket, Rhode Island, is a leading health solutions company in the United States, operating over 9,000 retail pharmacies, more than 1,000 MinuteClinic locations, and comprehensive health insurance through Aetna, acquired in 2018. With a mission to enhance healthcare access, lower costs, and provide personalized care, CVS Health serves approximately 27.1 million medical members and processes over 464 million pharmacy claims annually through its CVS Caremark pharmacy benefit manager.