CVS Pharmacy | Euclid, OH
ABSOLUTE NET | 9.00% YIELD | OPEN 24 HOURS
Marketing description
RENT HOLIDAY - 8/2031 - 7/2034 (Price is Inclusive of Full Rent Credit for Rent Holiday)
Investment highlights
TERM REMAINING (8.5 YEARS) - Primary Term expires July 31, 2034. CVS has operated from this location since 2009.
ABSOLUTE NET BOND LEASE - No Landlord Responsibilities.
OPEN 24 HOURS + DRIVE THRU PHARMACY - High performing store with 15+ Year operating history.
ACTIVE RETAIL TRADE AREA - The property is positioned near numerous other national credit tenants including ALDI, Wendy’s, Dunkin’ Donuts, Burlington, Dollar Tree, Sherwin-Williams, Bank of America, Burger King, Hibbett Sports, Wingstop, Chase Bank and more.
NEAR LOCAL HIGH SCHOOL - The property is located in a dense residential area down the street from Euclid City High School, Briardale Greens Municipal Golf Course and Euclid Memorial Park.
ONLY CVS IN EUCLID, OH - Euclid is the 4th largest city in Cuyahoga County.
CORPORATE GUARANTEE - The lease is corporately guaranteed by CVS Health Corporation.
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