2101 N Collins Blvd - Drug Store FOR SALE
Covington, LA 70433 |
$4,471,088 USD
512-468-4031
2101 N Collins Blvd
Covington, LA 70433
HIGHLIGHTS
- TERM REMAINING (7.7 YEARS) - Primary Term expires 1/31/2033. CVS has operated from this location since 2008.
- ABSOLUTE NET BOND LEASE - No Landlord Responsibilities.
- ACTIVE RETAIL TRADE AREA - Located at the corner of a signalized intersection adjacent to two strip centers and numerous national credit tenants.
- HIGH AVERAGE HOUSEHOLD INCOME - Average household income of $101,134 in a 3-mile radius.
- HIGH TRAFFIC COUNTS - 21,319 VPD at the intersection where the property is located.
- CORPORATE GUARANTEE - The lease is corporate guaranteed by CVS Health Corporation.
FOR SALE DETAILS
PRICE
$4,471,088 USD
PRICE/SF
$372 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS Pharmacy
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.99 AC
LAND SF
86,684 SF
ZONING
-
APN/PARCEL ID
22270
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512-468-4031
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512-468-4031
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