The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to purchase a single-tenant CVS Pharmacy in Weaverville, CA. The net lease has 2.8 lease years remaining in their first option period with four additional 5-year option periods. Occupying this space for over 27 years, this location reports strong sales (over $11 million in 2023), well above the national average.
The 22,965-SF endcap building on a large 2.38-acre parcel is part of the Trinity Plaza Shopping Center and is strategically located on the hard-corner, signalized intersection of Main Street and Lance Gulch Road. Nearby retailers include Holiday Market, Ace Hardware, Starbucks, Burger King, O’Reilly Auto Parts, NAPA Auto Parts & Dollar General.
This is an excellent opportunity to acquire a recently-extended net-leased CVS in Northern California with a long-term operating history, strong sales, limited landlord responsibilities and a corporate guaranty.