7 Essex Way - Drug Store FOR SALE


Essex Junction, VT 05452
$5,532,000 USD
917-697-3215
7 Essex Way, Essex Junction, VT for Sale
$5,532,000 USD
Drug Store - FOR SALE
1/2
null | 6.25% Cap Rate

7 Essex Way
Essex Junction, VT 05452


HIGHLIGHTS

  • Strong Corporate Guarantee
  • Newly Extended 15-Year Lease
  • #1 CVS in the State of Vermont Per Placer.AI

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a CVS Pharmacy located at 7 Essex Way, Essex, VT 05452. The site consists of roughly 14,518 rentable square feet of building space on an estimated 2.25-acre parcel of land. This CVS Pharmacy is subject to a 20-year Triple Net (NNN) lease, which commenced 12/1/2010. The current annual rent is $345,750 and has scheduled increases of in options.

FOR SALE DETAILS

PRICE

$5,532,000 USD

PRICE/SF

$381 USD /SF

CAP RATE

6.25%

% 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

2011

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

-

APN/PARCEL ID

(067) 2091008-002

ASK ABOUT THIS PROPERTY

Anthony BirdNNN Pro GroupMore Info
917-697-3215

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Anthony BirdNNN Pro GroupMore Info
917-697-3215

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