501 W Center St - Drug Store FOR SALE
Eureka, IL 61530 |
$1,052,000 USD
512-430-4466
501 W Center St
Eureka, IL 61530
HIGHLIGHTS
- Investment-Grade BBB Credit Rated CVS Health Corporation with $96 Billion Market Cap and Fortune 500 Ranking
- Established 30-Year Operating History Since 1994 with Three Successful Lease Renewals Demonstrating Commitment
- Recently Extended Five-Year Lease Term Running Through January 2029 with Additional Five-Year Option Available
- Attractive $1,052,000 Price Point Below Typical $3-5 Million CVS Investment Range with Strong Upside Potential
- NN Lease Structure with Landlord Responsible for Roof and Structure Only Providing Predictable Returns
FOR SALE DETAILS
PRICE
$1,052,000 USD
PRICE/SF
$131 USD /SF
CAP RATE
6.5%
% 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
1994
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
C-2
APN/PARCEL ID
13-12-404-012
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512-430-4466
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512-430-4466
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