CVS for Sale properties
- Subject property is located in a two-mile radius of three different hospitals.
- Located in a retail hub with approximately 1.8 million square feet of retail space.
- 50 miles north of Tampa along at the central coast Gulf of Mexico.
- Five mile radius population is 82,480 and household income is $60.598.
- Approx. 13 yrs. of term remaining before 10 (5-year) options, double net lease, landlord responsible for parking only.
- The lease allows for five percent (5%) rental increases in each of the ten (five-year) options.
- The lease structure for this asset does not include a rent holiday.
CVS
Blue Bell, PA
- CVS ground lease with no landlord responsibilities and 13% rental increase in 2031.
- Affluent neighborhood in Philadelphia MSA which has over six million residents.
- Across from 600,000 square foot retail center and two miles from hospital.
