Cap Rate
6.25%
Year Built
1999
Term Remaining
±10 Yrs
NOI
$133,000
Property Type
Retail
INVESTMENT HIGHLIGHTS
- CVS just executed a 10-year extension, which shows a commitment to the site
- Low price point drug store investment opportunity
- Corporately guaranteed by CVS
- Equipped with a drive-thru
- Roof Replaced in 2019
- CVS is paying low rents at only $13/SF
- Attractive hedge against inflation in the option periods
Broker of Record
- Kyle Matthews
- License No. 263667 (TN)
- 866-899-0550
- Matthews Real Estate Investment Services
- 2321 Rosecrans Ave Suite 1225 El Segundo,
CA 90245