Eastern US

Eastern US

Price: $ 2,804,087
CAP Rate: 8.00%
NOI: $ 224,327
Lease Term Remaining Before Options: 8 Years 4 Months
Investment Highlights
  • 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.
Offering Summary

For additional information, please contact Jason Pongsrikul at (619) 206-1012 or jp@pharmapropertygroup.com.

Price: $ 2,804,087
CAP Rate: 8.00%
NOI: $ 224,327
Lease Term Remaining Before Options: 8 Years 4 Months