4261 East Little Creek Road
NNN Lease Investment Property
Marketing description
LONG TERM COMMITMENT: Absolute NNN Lease Structure with 12 years remaining, no Landlord
responsibilities providing passive ownership
LOCATION: Situated at Very Strong Signalized Intersection of Shore Drive and E. Little Creek Road ~
Shore Drive & E. Little Creek Road both experience ~30,000 VPD
HIGH INCOME MARKET: Extremely High Avg. Household Incomes in Immediate 1 Mile Radius- $116,000 +
LONG TERM INVESTMENT OPPORTUNITY: 9 Years of uninterrupted cash flow
MILTARY TRAINING BASE EXPOSURE: Located across the Street from Joint Expeditionary Base Little
Creek-Major Operating/Training Base for U.S. Navy ~ Provides support services to over 15,000
personnel
INVESTMENT GRADE CREDIT: The lease is guaranteed by CVS Health Corp. which has a credit rating of
BBB/Stable with S&P.
Investment highlights
• 13,249 SF +/- Retail Free Standing Building
• 1.16 Acres
• Built in 2011
• 12 Year NNN Lease with CVS Pharmacy, Inc.
• 7.5% CAP RATE
• FOR SALE: CALL FOR INFORMATION
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