301 S 6th Ave - Drug Store FOR SALE


Wauchula, FL 33873
$2,362,000 USD
786-522-7013
301 S 6th Ave, Wauchula, FL for Sale
$2,362,000 USD
Drug Store - FOR SALE
1/6
null | 8.75% Cap Rate

301 S 6th Ave
Wauchula, FL 33873


HIGHLIGHTS

  • CVS Corporate Guarantee Leases | CVS Health Corporation (NYSE: CVS)
  • High Yield Leasehold Opportunity
  • Absolute NNN Leases | Zero Landlord Responsibility
  • CVS Pharmacy Store Located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and The County Seat of Hardee County, Florida
  • South Florida Community College (2,710 Enrolled Students) is Located Nearby this CVS Property
  • Florida Is a No Income Tax State

OVERVIEW

Marcus & Millichap is pleased to present for sale this CVS Pharmacy Store located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and the County Seat of Hardee County, Florida. Wauchula is known as the “Cucumber capital of the world.” This is the opportunity to purchase the leasehold or “building” under an absolute NNN lease. Numerous apartment complexes surround this CVS Pharmacy including Valencia Gardens Apartments, Country Walk Apartments, Chatham Pointe Senior Apartments, The Palms Apartments, Wauchula Gardens Apartments and Forest Glade Apartments. South Florida Community College (2,710 Enrolled Students) is located nearby this CVS Pharmacy property. CVS Health Corporation is a leading healthcare solutions company headquartered in Woonsocket, Rhode Island and founded in 1963. It is a Fortune 500 Company with over 9,000 retail pharmacies, 1,100 plus walkin-clinics and a major pharmacy benefit manager (CVS Caremark) with Aetna health Insurance.

FOR SALE DETAILS

PRICE

$2,362,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

C2

APN/PARCEL ID

0334-25-0200-00041-0001

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.