3187 S Congress Ave - Drug Store FOR SALE
Lake Worth, FL 33461 |
3187 S Congress Ave
Lake Worth, FL 33461
HIGHLIGHTS
- 13+ Years Remaining on a Double Net (NN) Lease Structure With 10% Rent Increase at the Next Option
- The Property is Ideally Situated on a Signalized Corner Featuring a 1.50-Acre Lot Seeing Over 46,000 Vehicles Per Day
- Investment Grade Credit / Fortune 500 Company - Lease Corporately Guaranteed By CVS Health, the 6th-Ranked Company in the Fortune 500
- Strong Demographics Within a 3-Mile Radius Featuring Over 165,000 Population and $81,000 Average Household Income
- Nearby Tenants Include Chili's, Ross and Harbor Freight Anchored Center, Walgreens, Marathon Gas, Charley's Cheesesteaks and Wings, Tires Plus
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS - Palm Springs, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
12739
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
70-43-44-19-20-001-0020
