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Drug Store

CVS/pharmacy I Upside Through Lease Extension I 33k+ VPD

3959 S Suncoast Blvd, Homosassa, FL 34448

Listing Price: $5,660,000

Cap Rate
7.00%
Tenant Name
CVS/pharmacy
Years Remaining On Lease
0.8
Guarantor
Corporate Guarantee
Rentable SF
13,813
Lease Type
Absolute Net
Rent Per Square Feet
$28.71

Investment Overview

CVS/pharmacy with +/- 1-year remaining on the lease providing material upside to investors through lease extension. Located on a hard, signalized corner with over 33,000 vehicles passing daily. Positioned in one of the region's most active retail nodes across from two shopping centers featuring tenants such as Publix, Winn-Dixie, McDonald's RaceTrac, Tractor Supply, and Dollar General.

Investment Highlights

  • CVS/pharmacy positioned at a signalized intersection with over 33,000 vehicles passing daily.
  • CVS/pharmacy has occupied the site since 2003 with +/- 1-year remaining on the lease providing material upside to investors through lease extension.
  • Positioned in one of the region's most frequented retail nodes directly across from two shopping centers with tenants including Publix, Winn Dixie, Tractor Supply, and McDonald's.
  • Lease corporately guaranteed by CVS Health, the 4th ranking company on the Fortune 500.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Drug Store

CVS/pharmacy I Upside Through Lease Extension I 33k+ VPD

Listing Price: $5,660,000

Cap Rate
7.00%
Tenant Name
CVS/pharmacy
Years Remaining On Lease
0.8
Guarantor
Corporate Guarantee
Rentable SF
13,813
Lease Type
Absolute Net
Rent Per Square Feet
$28.71

Investment Highlights

  • CVS/pharmacy positioned at a signalized intersection with over 33,000 vehicles passing daily.
  • CVS/pharmacy has occupied the site since 2003 with +/- 1-year remaining on the lease providing material upside to investors through lease extension.
  • Positioned in one of the region's most frequented retail nodes directly across from two shopping centers with tenants including Publix, Winn Dixie, Tractor Supply, and McDonald's.
  • Lease corporately guaranteed by CVS Health, the 4th ranking company on the Fortune 500.

Investment Overview

CVS/pharmacy with +/- 1-year remaining on the lease providing material upside to investors through lease extension. Located on a hard, signalized corner with over 33,000 vehicles passing daily. Positioned in one of the region's most active retail nodes across from two shopping centers featuring tenants such as Publix, Winn-Dixie, McDonald's RaceTrac, Tractor Supply, and Dollar General.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

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