Drug Store
CVS Long Term Leasehold
6790 Central Florida Pkwy, Orlando, FL 32821
Listing Price: $4,359,609
Investment Overview
The property is a single-tenant CVS Pharmacy strategically located in Orlando, Florida adjacent to SeaWorld Orlando, one of the region’s most prominent tourism and employment hubs. The property benefits from strong traffic patterns driven by both the tourism corridor and surrounding residential growth. The asset is leased to CVS under a long-term triple-net lease with approximately nine years remaining on the initial term six till loan payoff if assumed and five additional five-year renewal options. CVS pays $337,859 annually in base rent with no landlord responsibilities. The location along the SeaWorld tourism corridor places the store within one of the most active retail and hospitality submarkets in the Orlando metropolitan area.
Investment Highlights
- Investment Grade Pharmacy Tenant – CVS
- Absolute NNN Lease Structure – Tenant responsible for taxes, insurance, and maintenance
- Strong Orlando Tourism Corridor Location adjacent to SeaWorld Orlando
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Listing Price: $4,359,609
Investment Highlights
- Investment Grade Pharmacy Tenant – CVS
- Absolute NNN Lease Structure – Tenant responsible for taxes, insurance, and maintenance
- Strong Orlando Tourism Corridor Location adjacent to SeaWorld Orlando
Investment Overview
The property is a single-tenant CVS Pharmacy strategically located in Orlando, Florida adjacent to SeaWorld Orlando, one of the region’s most prominent tourism and employment hubs. The property benefits from strong traffic patterns driven by both the tourism corridor and surrounding residential growth. The asset is leased to CVS under a long-term triple-net lease with approximately nine years remaining on the initial term six till loan payoff if assumed and five additional five-year renewal options. CVS pays $337,859 annually in base rent with no landlord responsibilities. The location along the SeaWorld tourism corridor places the store within one of the most active retail and hospitality submarkets in the Orlando metropolitan area.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division