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Drug Store

CVS Pharmacy | 14+ Year Lease | True NNN

1339 N Main St, North Canton, OH 44720

Listing Price: $7,712,000

Cap Rate
6.00%
Tenant Name
CVS
Years Remaining On Lease
14.0
Guarantor
Corporate Guarantee
Rentable SF
13,143
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.21

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located just outside of Downtown Canton, Ohio. The property consists of roughly 13,143 rentable square feet of building space on an estimated 1.82-acre parcel of land. CVS Pharmacy benefits from its location on North Main Street as the site sees over 20,300 vehicles each day. The site is located just 19 miles from downtown Canton which brings increased traffic on a daily basis as well as strong population density including over 41,400 people residing within three miles of the property.

Investment Highlights

  • Long-Term Absolute Triple (NNN) Lease | Over 14 Years Remaining
  • CVS Corporate Guaranty | Investment-Grade Credit | Zero Landlord Responsibilities
  • Oversized 1.82 Acre Lot in North Canton, Ohio | Four Way Signalized Intersection Location

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Drug Store

CVS Pharmacy | 14+ Year Lease | True NNN

Listing Price: $7,712,000

Cap Rate
6.00%
Tenant Name
CVS
Years Remaining On Lease
14.0
Guarantor
Corporate Guarantee
Rentable SF
13,143
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.21

Investment Highlights

  • Long-Term Absolute Triple (NNN) Lease | Over 14 Years Remaining
  • CVS Corporate Guaranty | Investment-Grade Credit | Zero Landlord Responsibilities
  • Oversized 1.82 Acre Lot in North Canton, Ohio | Four Way Signalized Intersection Location

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located just outside of Downtown Canton, Ohio. The property consists of roughly 13,143 rentable square feet of building space on an estimated 1.82-acre parcel of land. CVS Pharmacy benefits from its location on North Main Street as the site sees over 20,300 vehicles each day. The site is located just 19 miles from downtown Canton which brings increased traffic on a daily basis as well as strong population density including over 41,400 people residing within three miles of the property.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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