65 E Main St - Drug Store FOR SALE
Apopka, FL 32703 |
65 E Main St
Apopka, FL 32703
HIGHLIGHTS
- Over 18 Years Remaining on Base Term of the Lease
- Corporate Guaranteed Lease Featuring Investment Grade Credit (BBB - S&P Global) / (Baa2 - Moody's)
- Absolute NNN With Zero Landlord Responsibilities With Depreciation Benefits
- Rare 5% Rental Increase at Each of the 5 (5 Year) Option Periods Provides Hedge Against Inflation
- CVS Recently Remodelled Location to Update to the New Prototype Featuring a CVS "Health Hub"
- CVS Elected to Sign a New 20 Year Lease Prior to Their Option Period Demonstrating Their Confidence in This Location
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
CVS Pharmacy
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
10908
STORIES
1
YEAR BUILT
2001
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
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APN/PARCEL ID
09-2128-6650-00-010
