245 S Military Trl - Drug Store FOR SALE
West Palm Beach, FL 33415 |
245 S Military Trl
West Palm Beach, FL 33415
HIGHLIGHTS
- Short Term Absolute NNN Lease CVS Located at the Highly Trafficked Signalized Intersection of S Military Trl (45,000+ VPD) & Gun Club Road
- The Property is Ideally Situated on a 1.82 Acre Lot Between Several Large Suburban Neighborhoods and Many Key Employers in the Area
- Strong Rental Escalations in the Amount of 2% Each Options With 5 x 5 Year Options Remaining
- Total Consumer Spending on Healthcare Exceeds $165 Million Annually Within a 5-Mile Radius of This Location
- Established Retailers Within a 1-Mile Radius Include: The Mall at Wellington Green, The Shoppes of Palm Beach, Target, Home Depot, Lowe’s, Walmart Etc
- Investment Grade Credit / Fortune 500 Company: Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS - West Palm Beach, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Freestanding, Storefront, Medical
TOTAL BUILDING SIZE
12739
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
130
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
00-42-44-01-27-002-0010
