- The existing ±$2.94 million loan carries a 3.20% fixed rate through October 6, 2031 and produces a 7.47% cash-on-cash return at the list price. Assumption requires lender approval and a 0.25% assumption fee paid by the buyer.
- CVS lease features no rent holiday with no landlord responsibilities whatsoever and has over 8 years of remaining base term prior to the next renewal option.
- Households within a 1-mile radius have an average income of $102,871.
- The next nearest CVS is 7 miles away in Trussville.
- The property sits on Moody Parkway (25K VPD Combined), the route residents use to reach Interstate 20, connecting Leeds to Odenville and Ashville.
- New housing developments planned in Moody include Arbor Ridge (42 homes), Steven's Cove (67 homes) and Oak Hill (29 homes).
Available properties
- This CVS is the only CVS location within a 25 mile radius, with the nearest Walgreens located 10 miles away.
- The property is surrounded by national retail tenants such as Walmart Supercenter, Lowe’s, bealls, and Tractor Supply, and has the only national big-box tenants in a 25 mile radius.
- CVS has operated at this site since 2009, with eight years remaining on the current lease term.
- This CVS has no rent holiday featured and has ten (5-year) options with 5% rent increases in each option period.
- Located in Monroeville, which is the only location in Pittsburgh's eastern suburbs where three major highways (I-376, I-76 and US-22) converge, providing an inherent regional draw rather than reliance on local traffic alone.
- Placer.ai ranks the property 2nd within a 50-mile radius and in the top 10% of all locations nationwide (485K Visits), a strong indicator of consistent customer traffic.
- Located 2.5 miles east, Bechtel Plant Machinery recently executed a lease for 387,000 square feet at The Next Tier Connect complex, a move expected to bring 1,000 jobs by mid-2029 to the area.
- The store operates a MinuteClinic & HealthHub, CVS Health's retail medical clinic offering vaccinations, lab testing and treatment of common illnesses, driving additional daily traffic and prescription volume.
- This CVS has no rent holiday featured and has ten (5-year) options with 5% rent increases in each option period.
- Located less than 2 miles east of major university's 358-acre Maryland Campus, home to more than 33,000 students and 3,000 faculty and staff.
- Positioned on Flamingo Road, which serves as a major east to west connector to major tourism hub with a combined traffic count of over 47,000 VPD.
- Walgreens has operated at this site since 1996, with five years remaining on the current lease term.
- Located within 3 miles of major airport, which serves more than 55 million passengers annually and is a key gateway to the tourism and business markets.
- Walgreens has operated at this site since 1996, with five years remaining on the current lease term.
- Walgreens benefits from dense infill demographics with over 71,299 households and 196,470 residents in a 3-mile radius.
- Located on the northeast corner of West Lake Mead Boulevard and North Jones Boulevard with a combined traffic count of ±48,700 vehicles per day. Within one mile of Interstate 11 with ±174,000 vehicles per day.
- Replaceable rent levels with Walgreens paying $17.04 in rent, which is under market rents of $25/sf.
- Over 5.1 million square feet of existing retail space within a 2 mile radius of the property.
- The average household income is $108,000 within 3 miles of the property.
- Walgreens exercised their first 5-Year option in 2021, showing their long-term commitment to the location.
- Walgreens operates under an NNN lease with zero landlord responsibilities.
- Located less than 8 miles from Downtown Dallas, the property has 116,000 residents within a 3-mile radius.
- There are over 36 million square feet of industrial space within 3 miles, supported by the Miller Business Park and the Shiloh Industrial Area, making this area a vital trade area for the Dallas market.
- Walgreens has a 24+ year operating history at this location.
- Located with frontage on East Northwest Highway, the property has a traffic count of 35,000 VPD. The property is located less than a mile from I-635 with traffic counts of 165,000 VPD.
- Second largest employment center in Dallas-Fort Worth with more than 5,000 businesses including State Farm, Raytheon and Texas Instruments.
- Near Richardson Square, a 516,100 SF center anchored by Super Target, Lowe's and Ross, undergoing an up to $20 million mixed-use redevelopment.
- Signalized corner of Belt Line Road and Jupiter Road with a combined 63,293 vehicles per day.
- 366,693 residents within five miles. Average household income of $111,628 within one mile.
- The intersection of Davis Boulevard and Santa Barbara Boulevard is undergoing significant commercial expansion with proposed developments including Wawa, McDonald’s, AutoZone, and Whole Foods in the immediate surrounding area, further strengthening the long-term retail fundamentals of the corridor.
- CVS occupies a highly visible signalized hard corner with combined traffic counts exceeding 54,000 vehicles per day.
- The immediate 3-mile trade area has experienced nearly 15% population growth over the past five years and is projected to continue growing at an estimated annual rate of approximately 1.8% through 2030.
- The property serves an affluent and expanding customer base with average household incomes exceeding $96,000 within a 3-mile radius and more than 66,000 residents in the immediate trade area.
- Numerous multifamily and residential developments have recently been completed or are currently under construction surrounding the property, adding hundreds of new housing units to the immediate area.
- The property qualifies for accelerated depreciation due to it being a Qualified Indian Reservation Property (QIRP).
- This CVS lease has over 14 years of guaranteed lease term before the tenant's next option to renew.
- The current lease runs through January 31, 2041 with no landlord responsibilities whatsoever.
- Less that 2 miles from Oral Roberts University, a 4-year university with over 7,000 students.
- Approximately 204,210 residents within a 5-mile radius with the average household income ±$94K.
- This CVS is located directly across the street from Southern Hills Country Club, a privately owned golf course that has hosted 17 major championships including the 2022 PGA Championship.
- Located less than 0.5 mile from The Villages at Southern Hills, a senior‑living and skilled‑nursing community.
- Located approximately 12 miles south of downtown Cincinnati within the Cincinnati MSA, providing access to a large employment base.
- Located approximately 1.2 miles from St. Elizabeth Florence Hospital, a 180-bed regional medical campus providing emergency, outpatient, and pediatric services including the Children’s Pavilion, supporting consistent pharmacy utilization.
- Positioned along US-25 with connectivity to Interstate 71/75 and within close proximity to Cincinnati/Northern Kentucky International Airport, a major regional logistics and passenger hub.
- Located approximately 1.5 to 2 miles from a primary Northern Kentucky retail corridor along Mall Road and Houston Road, anchored by Walmart, Target, The Home Depot, Meijer, Sam’s Club, Lowe’s, Kohl’s, ALDI, and Gabe’s.
- Walgreens operated on an absolute net lease with no landlord responsibilities whatsoever.