111 E 8th St - Drug Store FOR SALE


Tifton, GA 31794
$1,769,230 USD
847-562-9280
111 E 8th St, Tifton, GA for Sale
$1,769,230 USD
Drug Store - FOR SALE
1/7
null | 6.5% Cap Rate

111 E 8th St
Tifton, GA 31794


HIGHLIGHTS

  • New 10-year lease extension (signed September 2025) demonstrates commitment
  • Low rent for a national pharmacy location - $115,000
  • Successful operating history since 2004
  • NNN – no landlord responsibilities
  • Signalized intersection along West 8th Street & minutes from Interstate 75 (62,000 VPD)
  • Proximity to Tift Regional Medical Center (181 beds) and Tift County High School (2,200 students)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy located in Tifton, Georgia. CVS has been successfully operating from this location since 2004 and recently signed a 10-year lease extension in September 2025, demonstrating commitment to the site. The lease is absolute triple net and features no landlord responsibilities. The lease also features ten 5-year renewal options, each with 5% rental escalations. CVS is paying a low rent ?gure ($115,000) compared to other national net lease pharmacy locations The 10,940-square-foot building is located at a signalized intersection along West 8th Street which leads directly to Interstate 75 (62,000 vehicles per day). The property bene?ts from its proximity to Tift Regional Medical Center (181 beds) and Tift County High School (2,200 students), two major traf?c draws to the area. Other nearby tenants include Walmart Neighborhood Market, Family Dollar, Domino’s Pizza, DaVita, and several others. There are over 31,000 people living within a ?ve-mile radius, those of which earn an average household income of $75,000. CVS Health Corporation, founded in 1963 as Consumer Value Stores and headquartered in Woonsocket, Rhode Island, is a leading health solutions company in the United States, operating over 9,000 retail pharmacies, more than 1,000 MinuteClinic locations, and comprehensive health insurance through Aetna, acquired in 2018. With a mission to enhance healthcare access, lower costs, and provide personalized care, CVS Health serves approximately 27.1 million medical members and processes over 464 million pharmacy claims annually through its CVS Caremark pharmacy bene?t manager.

FOR SALE DETAILS

PRICE

$1,769,230 USD

PRICE/SF

$162 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

C1

APN/PARCEL ID

T042-070,T042-081

ASK ABOUT THIS PROPERTY

John FeeneyThe Boulder GroupMore Info
847-562-9280

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John FeeneyThe Boulder GroupMore Info
847-562-9280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.