Drug Store
CVS Pharmacy | Absolute NNN | 17 Years Remaining
35 W Main St, Norton, MA 02766
Listing Price: $4,620,000
Investment Overview
The subject property is a CVS Pharmacy located in Norton, MA. The property consists of a 10,125 square foot building that sits on 1.54 acres of land. CVS has been operating at this location since 2000 and exercisedabr and new 20-year absolute NNN lease in 2018. The lease also includes four five-year options with increases every five years throughout the base and option terms. CVS Health Corporation guarantees the lease with investment grade credit.
Listing Price: $4,620,000
Investment Highlights
- Rare Scheduled Increases Throughout the Base and Option Terms
- 20 Year Absolute NNN Lease with 17 Years Remaining
- Corporate Guaranty by CVS Health | Investment Grade Credit Rating (BBB)
Investment Overview
The subject property is a CVS Pharmacy located in Norton, MA. The property consists of a 10,125 square foot building that sits on 1.54 acres of land. CVS has been operating at this location since 2000 and exercisedabr and new 20-year absolute NNN lease in 2018. The lease also includes four five-year options with increases every five years throughout the base and option terms. CVS Health Corporation guarantees the lease with investment grade credit.
