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29728121
29728122

301 S 6th Ave, Wauchula, FL 33873

GB
FL FL SL3211804
SURMOUNT
RI
FL SL3149595
SURMOUNT
Listed by SURMOUNT
$2,234,508
127 days on market
Updated 15 days ago

CVS Pharmacy - Wauchula, FL

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,325
Net Rentable (SqFt) 13,325
Units 1
Cap Rate 9.25%
NOI $206,692
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 25.1
Lease Expiration 07/10/2033
Remaining Term 7.1
Rent Bumps Yes
Lease Options One 4.5 Years & Five 5 Year
Price per SqFt $168
Broker Co-Op Yes
Year Built 2008
Buildings 1
Stories 1
Acreage 1.450
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/01/2008
Occupancy Date 06/01/2008
Ground Lease Yes
Ownership Leasehold

Retail | 9.25% CAP | 13,325 SqFt

Marketing description

Marcus & Millichap is pleased to present for sale this CVS Pharmacy Store located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and the County Seat of Hardee County, Florida. Wauchula is known as the “Cucumber capital of the world.” This is the opportunity to purchase the leasehold or “building” under an absolute NNN lease.

Numerous apartment complexes surround this CVS Pharmacy including Valencia Gardens Apartments, Country Walk Apartments, Chatham Pointe Senior Apartments, The Palms Apartments, Wauchula Gardens Apartments and Forest Glade Apartments.

South Florida Community College (2,710 Enrolled Students) is located nearby this CVS Pharmacy property.

CVS Health Corporation is a leading healthcare solutions company headquartered in Woonsocket, Rhode Island and founded in 1963. It is a Fortune 500 Company with over 9,000 retail pharmacies, 1,100 plus walkin-clinics and a major pharmacy benefit manager (CVS Caremark) with Aetna health Insurance.

Investment highlights

■ CVS Corporate Guarantee Leases | CVS Health Corporation (NYSE: CVS)

■ Investment Grade Credit Tenant (S&P BBB)

■ Absolute NNN Leases | Zero Landlord Responsibility

■ High Yield Leasehold Opportunity

■ CVS Pharmacy Store Located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and The County Seat of Hardee County, Florida

■ Numerous Apartment Complexes Surround this CVS Pharmacy Property Including Valencia Gardens Apartments, Country Walk Apartments, Chatham Pointe Senior Apartments, The Palms Apartments, Wauchula Gardens Apartments and Forest Glad Apartments

■ South Florida Community College (2,710 Enrolled Students) is Located Nearby this CVS Property

■ CVS Corporation is a Fortune 500 Company With Over 9,000 Retail Pharmacies, 1,100 Walk-In-Clinics and a Major Pharmacy Benefit Manager (CVS Caremark) with Aetna Health Insurance

■ Drive-Thru Pharmacy

■ Florida Is a No Income Tax State

Listing Contacts

GB
FL FL SL3211804
SURMOUNT
RI
FL SL3149595
SURMOUNT
Listed by SURMOUNT

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$206,692.00
$17,224.33/mo

Valuation Metrics

0
DSCR
9.25%
Cap Rate
9.25%
ROI

Map

Zoning

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C-2 MixedMixed UseHighway Commercial And Light Manufacturing
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Gabriel Britti
License
FL SL3211804
Brokerage Phone
5182690496
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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