5184 Stockdale Hwy - Drug Store FOR SALE
Bakersfield, CA 93309 |
5184 Stockdale Hwy
Bakersfield, CA 93309
HIGHLIGHTS
- Long Term Lease With Approximately 12+ Years Remaining on Base Term
- Corporate Guaranteed Lease Featuring Investment Grade Credit - BBB (S&P Global ) / Baa2 (Moody's)
- Absolute Triple Net (NNN) Ground Lease Featuring Low Rent on Approximately 2.01 Acre Parcel
- Double Lane Drive-Thru Prototype Building
- CVS is the Top Drug Store in the Country Based on Prescription Drug Revenue Holding Nearly 25% of the Prescription Drug Market
- Tenant Remained Open and Paying Rent Throughout the COVID-19 Pandemic
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS Pharmacy
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Storefront Retail/Office, Medical
TOTAL BUILDING SIZE
12900
STORIES
1
YEAR BUILT
2008
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
331-440-26-00-7
