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| Price $4,843,000 | Built/Renov 2006/2011 | Tenant CVS |
| Cap Rate 5.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,020
| Lease Start
03-30-2007
| #Units
9,144
|
| Price/SF $371.97 | Expiration
01-31-2033
| Tenant Type Pharmacy |
| NOI $278,479 | R. Term 7.5 | Ownership Fee Simple |
| Rent/SF
$21.39
| Increases 5.0%/0/yrs | Pop 5Mi 242,854 |
| Lot/AC 1.65 | Options 6/5yrs/5% | AHHI 5Mi $91,876 |
| | |
CVS is located at the signalized hard-corner intersection of M.L.K. Jr Drive SW and Peyton Road SW, with a combined traffic count of approximately 26,900 vehicles per day, in Atlanta, Georgia. The property is positioned just south of Interstate 20 (207,000 VPD) and is located near West Ridge Shopping Center (167,000 SF) and Cascade Corners (92,000 SF), featuring tenants such as Kroger, Family...
...Recent renovation
Hard corner intersection
Freeway close
University college close
Dense 200M+ pop 5 mi
Top 100 MSA
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Subsidiary guarantee
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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