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Drug Store

CVS Pharmacy

9856 W Peoria Ave, Peoria, AZ 85345

Listing Price: $9,980,371

Cap Rate
4.85%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
12.5
Guarantor
Corporate Guarantee
Rentable SF
13,223
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.61

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 9856 W. Peoria Avenue in Peoria, Arizona. There are currently 12.61 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $484,048. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Investment Highlights

  • Long-Term Absolute Triple Net (NNN) Lease Approximately 12.61 Years Remaining
  • CVS Corporate Guaranty | Investment-Grade Credit
  • Fee Simple Ownership

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Drug Store

CVS Pharmacy

Listing Price: $9,980,371

Cap Rate
4.85%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
12.5
Guarantor
Corporate Guarantee
Rentable SF
13,223
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.61

Investment Highlights

  • Long-Term Absolute Triple Net (NNN) Lease Approximately 12.61 Years Remaining
  • CVS Corporate Guaranty | Investment-Grade Credit
  • Fee Simple Ownership

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 9856 W. Peoria Avenue in Peoria, Arizona. There are currently 12.61 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $484,048. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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