Stabilized Investment Opportunity
Leased to CVS Caremark, featuring zero landlord responsibilities with over 5.5 years remaining on the initial term and (10) 5-year renewal options in place
Low Basis Asset
Provides an investor with the opportunity to acquire the asset on a low basis with below-market rents.
Ideal Demographics
The asset is located within a dense area with over 87,350 residents and an average household income of $56,900 within a 5-mile radius of the site
Corporate Guaranty
Corporately guaranteed lease from CVS Caremark, with over 9,000 locations nationwide, Investment-grade tenant (S&P: BBB | Moody’s: Baa3)
Easily Accessible Site
2 points of Ingress/Egress from Market Street and Hearne Avenue, providing excellent visibility along Market Street with 23,716 VPD
Neighboring National Tenants
Surrounded by tenants such as; McDonald’s, Wendy’s, Popeye’s, Taco Bell, Family Dollar, O’Reilly Auto Parts, Rent-A-Center, and more