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470 S Torrence Avenue - CVS, Calumet City, IL

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470 S Torrence Avenue - CVS

Calumet City, IL 60409 - Near South Cook Submarket

Property Type:Retail Sub Type:Drug Store Status:Existing Year Built:-
Building Size:12,442 SF Land Area:.07 AC (2,971 SF)
For Sale Price:$4,345,000 Price/SF:$349.22
Cap Rate:6.00 %

Sale Notes:
Stan Johnson Company is pleased to offer for sale to qualified investors a CVS Pharmacy located in Calumet City, Illinois. The subject property is fully leased to and guaranteed by CVS Health Corporation (NYSE: CVS). The lease features a 25-year base term with 12.5 years remaining and 10 renewal options at 5 years each.

For the twelve-month period ended December 31, 2015, CVS Health Corporation had total revenue of $153.29 billion, net income of $5.23 billion and a net worth in excess of $37.19 billion. CVS currently holds a Standard & Poor' s credit rating of BBB+/Stable.

Stan Johnson Company
Zach Harris
(918) 494-2690

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