We are pleased to offer for sale the CVS Pharmacy property located at 9401 North Pennsylvania Avenue, The Village, OK 73120 (the "Property"). This offering provides a secure, passive investment opportunity featuring an absolute triple-net (NNN) lease with zero landlord responsibilities. CVS has operated at this location since 2009 with a firm term through August 5, 2034 and ten (5-year) renewal options.
The Property is located in The Village, a suburb of Oklahoma City, with a population of approximately 191,000 residents within a five-mile radius. The Property is located approximately 2.5 miles west of McBride Orthopedic Hospital, a 68-bed specialty facility, and is surrounded by numerous other medical offices and providers including Community Hospital North, Thunder ION Saints Dermatology Surgery Center, Clear Choice Dental Implant Center, and Ameripath Diagnostic Laboratory.
Major employers in the market include Love’s Travel Stops & Country Stores (headquartered nearby with approximately 1,500 employees) and Integris Health, Oklahoma's largest locally owned health system whose headquarters are approximately 4 miles north of the Property. Retail and commercial space surrounding the Property totals approximately 835,000 square feet within a one-mile radius, anchored by major national retailers including Walmart, Ace Hardware, and Dollar General. Lake Hefner, a 2,500-acre recreational destination, is located approximately two miles west and serves as a significant leisure draw to the area.
Listed in conjunction with Brian Brockman, Bang Realty - Oklahoma Inc, 513-898-1551, wg@bangrealty.com, OK DRE Lic. 177814.