Drug Store
CVS Pharmacy
8 Kocher Dr, Bennington, VT 05201
Listing Price: $6,397,200
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 8 Kocher Drive in Bennington, Vermont. The site consists of roughly 14,752 rentable square feet of building space on an estimated 2.71-acre parcel of land. This CVS Pharmacy is subject to a 25-year double-net (NN) lease, which commenced April 12th, 2006. The current annual rent is $319,860 and is scheduled to increase in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $6,397,200
Investment Highlights
- Original Long-Term, ~25.8-Year Double-Net (NN) Lease
- Approximately 10 Years Remaining on the Base Term
- 10% Rental Increase in First Option Period | 5% Rental Increases in Each Successive Option
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 8 Kocher Drive in Bennington, Vermont. The site consists of roughly 14,752 rentable square feet of building space on an estimated 2.71-acre parcel of land. This CVS Pharmacy is subject to a 25-year double-net (NN) lease, which commenced April 12th, 2006. The current annual rent is $319,860 and is scheduled to increase in each of the four (4), five (5)-year renewal options.
Exclusively Listed By
Broker of Record
