2006 W Avenue J - Drug Store FOR SALE
Lancaster, CA 93536 |
2006 W Avenue J
Lancaster, CA 93536
HIGHLIGHTS
- Single Tenant Absolute NNN CVS Pharmacy, with a 44-year operating history at this location
- 6 years remaining on initial term lease with one 10-year option
- Corporate guaranteed lease with CVS Pharmacy (NYSE: CVS; S&P BBB)
- Below Market Rent; Tremendous Upside Potential: CVS is paying 50% of current market rent compared to similar spaces in the region
- Co-Anchor to Antelope Valley Plaza; a 127,000 SF Shopping Center: Co-tenants include new Smart & Final Extra, dd’s Discounts, & AT&T Wireless
- 100-Acre Medical Main Street Redevelopment Project Adjacent to the Subject Property
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS Pharmacy
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Movie Theatre
TOTAL BUILDING SIZE
25500
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
3123-005-033
