7845 Preston Hwy - Drug Store FOR SALE


Louisville, KY 40219- Okolona
$5,913,581 USD
410-603-2826
7845 Preston Hwy, Louisville, KY for Sale
$5,913,581 USD
Drug Store - FOR SALE
1/2
null | 5.25% Cap Rate

7845 Preston Hwy
Louisville, KY 40219
Okolona


OVERVIEW

Rare 23 year lease hold opportunity with additional 25 year options and 8-9% rent increases Absolute NNN with Zero Landlord Responsibilities Corporate Lease Guaranteed by CVS Health Corporation CVS pays Ground Rent directly Perfect for 1031 Buyer Great property for cost segregation and Bonus Depreciation

FOR SALE DETAILS

PRICE

$5,913,581 USD

PRICE/SF

$558 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS - Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C

APN/PARCEL ID

078800580000

ASK ABOUT THIS PROPERTY

Blair RinnierRinnier Development CompanyMore Info
410-603-2826

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Blair RinnierRinnier Development CompanyMore Info
410-603-2826

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