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| Price $5,589,000 | Built/Renov 2011 | Tenant CVS |
| Cap Rate 5.44% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,008
| Lease Start
12-21-2011
| #Units
9,144
|
| Price/SF $429.66 | Expiration
01-31-2037
| Tenant Type Pharmacy |
| NOI $304,007 | R. Term 11.5 | Ownership Fee Simple |
| Rent/SF
$23.37
| Increases 0.0%/0/yrs | Pop 5Mi 154,710 |
| Lot/AC 1.95 | Options 10/5yrs | AHHI 5Mi $158,362 |
| | |
CVS is located at the signalized hard-corner intersection of W University Drive (US Hwy 380) and Community Avenue, with a combined traffic count exceeding 63,000 vehicles per day. The property sits within walking distance of two major shopping centers—Cameron Crossing and a 400,000+ SF center anchored by Lowe’s and Target. National retailers nearby include Costco, Sam’s Club, Walmart...
...Signalized intersection
Hard corner intersection
High traffic 50M+ VPD
Freeway visibility
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Corporate Guarantee
Over 1000 units backed
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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