Skip to main content

Drug Store

CVS Pharmacy

2401 SW 27th Ave, Ocala, FL 34474

Listing Price: $12,861,892

Cap Rate
4.65%
Tenant Name
CVS
Years Remaining On Lease
13.1
Guarantor
Corporate Guarantee
Rentable SF
13,013
Lease Type
Absolute Net
Rent Per Square Feet
$45.96

Investment Overview

Marcus & Millichap is pleased to present a CVS for sale located at 2401 Southwest 27th Avenue, Ocala, Florida. The 13,013 Square Foot Building on .86 Acres with a Drive Thru Pharmacy benefits from being strategically located on the corner lot of Southwest 27th Avenue and Southwest College Road, which sees over 43,000 cars per day. The property is close to several national retailers and popular restaurants with large residential communities with over 75,000 people residing in a 5-Mile Radius. The property is perfect for a principal looking for a passive investment with a long term, Absolute NNN Lease with a Corporate Guarantee from a Credit Tenant. CVS is one of the nation’s largest leading drugstore chains with over 9,900 stores. CVS sells prescription drugs and a wide assortment of general merchandise; It also provides healthcare services through its more than 1,100 MinuteClinic medical clinics as well as their Diabetes Care Centers. Most of these clinics are located within CVS stores.

Investment Highlights

  • Corporate Guarantee from Largest US Pharmacy
  • Zero Cash Flow, Bondable Triple Net Leases
  • Long Term Leases/ Renewal Options

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Drug Store

CVS Pharmacy

Listing Price: $12,861,892

Cap Rate
4.65%
Tenant Name
CVS
Years Remaining On Lease
13.1
Guarantor
Corporate Guarantee
Rentable SF
13,013
Lease Type
Absolute Net
Rent Per Square Feet
$45.96

Investment Highlights

  • Corporate Guarantee from Largest US Pharmacy
  • Zero Cash Flow, Bondable Triple Net Leases
  • Long Term Leases/ Renewal Options

Investment Overview

Marcus & Millichap is pleased to present a CVS for sale located at 2401 Southwest 27th Avenue, Ocala, Florida. The 13,013 Square Foot Building on .86 Acres with a Drive Thru Pharmacy benefits from being strategically located on the corner lot of Southwest 27th Avenue and Southwest College Road, which sees over 43,000 cars per day. The property is close to several national retailers and popular restaurants with large residential communities with over 75,000 people residing in a 5-Mile Radius. The property is perfect for a principal looking for a passive investment with a long term, Absolute NNN Lease with a Corporate Guarantee from a Credit Tenant. CVS is one of the nation’s largest leading drugstore chains with over 9,900 stores. CVS sells prescription drugs and a wide assortment of general merchandise; It also provides healthcare services through its more than 1,100 MinuteClinic medical clinics as well as their Diabetes Care Centers. Most of these clinics are located within CVS stores.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

MM Texture Background
MM Textured Background Lower