- CVS has agreed to new 15-year lease with 10 (5-year) options with 5% increases in the options.
- Near 44-bed Central Harnett Hospital and only national brand drugstore in Lillington.
- Centrally located between Fayetteville and Raleigh along Highway 210.
- Lillington is the county seat of Harnett County who employ almost 54,000 employees.
Pharma Property Group is pleased to present the opportunity to purchase a CVS in Lillington, North Carolina. Income guaranteed by CVS Corporation with over 9,900 locations. CVS has agreed to a new 15-year lease with 10 (5-year) options to extend. The lease is absolute net with no landlord responsibilities. The CVS lease allows for rental increases of 5% every five years during the options. This CVS is the only national brand drugstore in Lillington. The nearest CVS or Walgreens are 12 miles to the southeast.
The subject property is located along Highway 210 at the midway point between Fayetteville 27 miles to the southwest and the capital city of Raleigh 31 miles to the northeast. This thoroughfare accounts for a traffic count of approximately 28,500 vehicles per day that drive past this CVS. Central Harnett Hospital is a 44-bed hospital just two miles away offering 24-hour emergency services, surgery and sees approximately 28,000 patients annually. Constructed in 2013, the new facility provides care to the central and western parts of Harnett County as well as Fuquay-Varina community. Also in the area are Edgewater Medical Center, an urgent care facility, and various private medical practices. Lillington is the county seat of Harnett County, as such, all the county office buildings are located in Lillington. These buildings include the county courthouse, the county sheriff's office, health and social services office, the county public library, permit office and public utilities office.