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| Price $5,100,000 $5,342,000 | Built/Renov 2004 | Tenant CVS |
| Cap Rate 6.65% 6.35% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,397
| Lease Start
03-05-2004
| #Units
9,900
|
| Price/SF $354.24 $371.05 | Expiration
03-04-2029
| Tenant Type Pharmacy |
| NOI $339,251 | R. Term 3.10 | Ownership Fee Simple |
| Rent/SF
$23.56
| Increases 2.1%/1/yrs | Pop 5Mi 87,980 |
| Lot/AC 1.54 | Options 3/5yrs/2.1% | AHHI 5Mi $82,694 |
| | |
CVS is a pad site within South Point Shopping Center, a Publix Supermarket anchored shopping center, and is strategically located at the signalized intersection of 43rd Avenue SW and 9th Street SW/Oslo Road, with a combined daily traffic count of 32,300 vehicles. Serving as the primary east-west commercial and commuter corridor in the area, 9th Street SW/Oslo Road establishes a connection...
...Signalized intersection
Hard corner intersection
In location for years
Dense retail corridor
Near major nationals
Top 100 MSA
Income tax free state
Absolute NNN
Traded and rated company
Investment grade tenant
CVS Pharmacy, Inc. is an American retail corporation and is the largest pharmacy chain in the United States by number of locations and total prescription revenue. CVS sells prescription drugs and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 6,213 | 42,997 | 91,415 |
| 2023 Total Population : | 6,197 | 41,654 | 89,074 |
| 2023 Employed Civilian Pop : | 2,774 | 19,385 | 37,524 |
| 2023 Total Businesses : | 184 | 838 | 4,181 |
| 2023 Average Household Income : | $ 109,863 | $ 88,431 | $ 79,661 |
| 2023 Total Consumer Spending : | $ 239 M | $ 1265 M | $ 2759 M |
| 2023 Median Age : | 48 | 44 | 51 |
| 2023 Total Households : | 2,561 | 16,529 | 39,764 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,279 | 6,123 | 13,709 |
| 2023 Average Home Value : | $ 392,835 | $ 341,399 | $ 311,683 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 9th Street Southwest | 35th Ct SW | 2021 | 19,800 | 0.46 mi |
| 9th Street Southwest | 23rd Ave SW | 2022 | 20,500 | 0.46 mi |
| Oslo Road | Clemain | 2022 | 7,900 | 0.56 mi |
| Oslo Road | Amethyst Dr SW | 2021 | 7,900 | 0.56 mi |
| 5th Street Southwest | 35th Ave SW | 2022 | 3,500 | 0.71 mi |
| 43rd Avenue Southwest | 6th Pl SW | 2022 | 7,600 | 0.72 mi |
| 43rd Avenue Southwest | 13th St SW | 2021 | 7,600 | 0.72 mi |
| 13th Street Southwest | Amethyst Dr SW | 2022 | 600 | 0.72 mi |
| 5th Street Southwest | Greystone Ct SW | 2021 | 3,500 | 0.78 mi |
| 27th Avenue Southwest | 9th St SW | 2020 | 10,000 | 0.98 mi |
Silver Springs, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 11,982
Fishers, IN
Cap Rate 6.25%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,310
Sheboygan, WI
Cap Rate 5.57%
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R. Term 16.30 yrs
Size/SF 14,200
Lancaster, CA
Cap Rate 6.65%
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R. Term 9.20 yrs
Size/SF 15,251
Irvington, NJ
Cap Rate 5.75%
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R. Term 17.70 yrs
Size/SF 12,300
Miami Gardens, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,058
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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