Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a CVS Pharmacy located in Capitol Heights, MD. This is a long-term Tenant; they have been in place for approx. 27 years. The lease offers four, five-year tenant renewal options with five percent rent increases every five years in option periods. This CVS is part of a 4-property pharmacy portfolio. All locations are available separately as well. OM provides pricing for all locations. Contact listing agents for more information. The Subject Property is part of the District of Columbia metro area with a population of more than 2.6 million. This location offers convenient access to/from Washington, D.C., less than five miles from the Unites States Capitol, home of the Library of Congress & Supreme Court of the United States. The population is nearly 500,000 within five miles of subject property, with an average household income over $93,000. This CVS is located just 4.5 miles from BridgePoint Hospital Capitol Hill, a 177-bed, private room facility located just minutes from the U.S. Capitol Building, and 6.5 miles from University of Maryland Global Campus - the #1 largest public university in the U.S. with more than 58,000 students. Surrounding national retailers include Target, JCPenney, Aldi, Giant Foods, Party City, Rainbow Shops, Petco, Five Below, Planet Fitness, Family Dollar, AutoZone, 7-Eleven, Wells Fargo, Advanced Auto Parts, Applebee’s Grill & Bar, TGI Friday’s, Popeyes, McDonalds, Chick-fil-A, Panda Express, Wendy’s, Walgreens and many more.