Drug Store
CVS I Replaceable Rent I Low Price Point I Zero Competition
4767 Broad St, Loris, SC 29569
Listing Price: $2,362,205
Investment Overview
Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad
Street and Holly Street with more than 11,000 Vehicles Passing Daily. CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner Position.
CVS I Replaceable Rent I Low Price Point I Zero Competition
Investment Highlights
- Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad Street and Holly Street with more than 11,000 Vehicles Passing Daily
- CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner Position
- CVS has 12 Years Remaining on the Base Term of the Lease with Rent Increases in Each Option, as a Hedge Against Inflation Making This an Ideal Investment For Passive 1031 Exchange Buyers
- Subject Property is Surrounded by Many of the Nation's Most Successful Retailers Including McDonald's, Wendy's, KFC, Bojangles, O'Reilly Auto Parts, and Advance Auto, Among Others
- This Location Benefits from Being the Only Freestanding National Pharmacy Store within a 20-Mile Radius Providing Long Term Stability
- Subject Property is Strategically Located within 30-Miles form Myrtle Beach a Popular Beach Destination with more than 17 Million Visitors Annually
Drug Store
CVS I Replaceable Rent I Low Price Point I Zero Competition
Listing Price: $2,362,205
Investment Highlights
- Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad Street and Holly Street with more than 11,000 Vehicles Passing Daily
- CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner Position
- CVS has 12 Years Remaining on the Base Term of the Lease with Rent Increases in Each Option, as a Hedge Against Inflation Making This an Ideal Investment For Passive 1031 Exchange Buyers
- Subject Property is Surrounded by Many of the Nation's Most Successful Retailers Including McDonald's, Wendy's, KFC, Bojangles, O'Reilly Auto Parts, and Advance Auto, Among Others
- This Location Benefits from Being the Only Freestanding National Pharmacy Store within a 20-Mile Radius Providing Long Term Stability
- Subject Property is Strategically Located within 30-Miles form Myrtle Beach a Popular Beach Destination with more than 17 Million Visitors Annually
Investment Overview
Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad Street and Holly Street with more than 11,000 Vehicles Passing Daily. CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner Position.
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