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Drug Store

CVS Pharmacy | 10+ Year Lease | True NNN

1171 Franklin St, Carlyle, IL 62231

Listing Price: $6,444,240

Cap Rate
6.25%
Tenant Name
CVS
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
12,037
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.46

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Carlyle, IL. The property consists of roughly 12,037 rentable square feet of building space on an estimated 1.17-acre parcel of land. CVS Pharmacy benefits from its location on a hard signalized corner where Franklin Street and 12th Street intersect. Carlyle is a tight knit community made up of approximately 6,200 people in a five-mile radius and a population of about 17,300 in a ten-mile radius.

Investment Highlights

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Compelling Real Estate Fundamentals | Hard Corner | Local Schools, Parks and Clubs Surround the Area | Average Household Income in a Three-Mile Radius is $72,800
  • Oversized 1.82 Acre Lot in North Canton, Ohio | Four Way Signalized Intersection Location

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Drug Store

CVS Pharmacy | 10+ Year Lease | True NNN

Listing Price: $6,444,240

Cap Rate
6.25%
Tenant Name
CVS
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
12,037
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.46

Investment Highlights

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Compelling Real Estate Fundamentals | Hard Corner | Local Schools, Parks and Clubs Surround the Area | Average Household Income in a Three-Mile Radius is $72,800
  • 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 in Carlyle, IL. The property consists of roughly 12,037 rentable square feet of building space on an estimated 1.17-acre parcel of land. CVS Pharmacy benefits from its location on a hard signalized corner where Franklin Street and 12th Street intersect. Carlyle is a tight knit community made up of approximately 6,200 people in a five-mile radius and a population of about 17,300 in a ten-mile radius.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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