Drug Store
CVS Pharmacy | Low Rent & Price Point
709 E Main St, Floyd, VA 24091
Listing Price: $1,150,000
Investment Overview
Marcus and Millichap is pleased to present CVS - Floyd, VA. The property is a 7,700-square-foot building leased to Virginia CVS Pharmacy, L.L.C, which has operated there since 2017. It sits in the heart of Floyd on Main Street next to Dollar General, Subway, and Hardee's. NN lease, expiring on October 31, 2031, with six 3-year options and 5% rent increases. The seller recently completed repairs to the roof, HVAC, siding, and gutters. CVS Health is a nationally credited tenant with a BBB rating.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
Listing Price: $1,150,000
Investment Highlights
- * This pharmacy is located in the county seat of Floyd County, Virginia, serving the local area with limited competition
- * Low rent and price point
- * Repairs to the roof, HVAC, siding, and gutters were recently completed
Investment Overview
Marcus and Millichap is pleased to present CVS - Floyd, VA. The property is a 7,700-square-foot building leased to Virginia CVS Pharmacy, L.L.C, which has operated there since 2017. It sits in the heart of Floyd on Main Street next to Dollar General, Subway, and Hardee's. NN lease, expiring on October 31, 2031, with six 3-year options and 5% rent increases. The seller recently completed repairs to the roof, HVAC, siding, and gutters. CVS Health is a nationally credited tenant with a BBB rating.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Managing Director / Market Leader
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