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Drug Store

CVS NNN Leasehold

301 S 6th Ave, Wauchula, FL 33873

Listing Price: $2,362,000

Cap Rate
8.75%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
4.4
Gross SF
13,325
Guarantor
Corporate Guarantee
Rentable SF
13,325
Price/Gross SF
$177.26
Lease Type
Absolute Net
Rent Per Square Feet
$15.51

Investment Overview

Marcus & Millichap is pleased to present for sale this CVS Pharmacy Store
located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and
the County Seat of Hardee County, Florida. Wauchula is known as the
“Cucumber capital of the world.” This is the opportunity to purchase the
leasehold or “building” under an absolute NNN lease.
Numerous apartment complexes surround this CVS Pharmacy including
Valencia Gardens Apartments, Country Walk Apartments, Chatham Pointe
Senior Apartments, The Palms Apartments, Wauchula Gardens Apartments
and Forest Glade Apartments.
South Florida Community College (2,710 Enrolled Students) is located
nearby this CVS Pharmacy property.
CVS Health Corporation is a leading healthcare solutions company
headquartered in Woonsocket, Rhode Island and founded in 1963. It is a
Fortune 500 Company with over 9,000 retail pharmacies, 1,100 plus walkin-
clinics and a major pharmacy benefit manager (CVS Caremark) with
Aetna health Insurance.

Investment Highlights

  • CVS Corporate Guarantee Lease | CVS Health Corporation (NYSE: CVS)
  • Investment Grade Credit Tenant (S&P BBB)
  • Absolute NNN Leases | Zero Landlord Responsibility
  • High Yield Leasehold Opportunity
  • CVS Pharmacy Store Located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and The County Seat of Hardee County, Florida
  • Florida Is a No Income Tax State
  • Drive-Thru Pharmacy

Exclusively Listed By

Drug Store

CVS NNN Leasehold

Listing Price: $2,362,000

Cap Rate
8.75%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
4.4
Gross SF
13,325
Guarantor
Corporate Guarantee
Rentable SF
13,325
Price/Gross SF
$177.26
Lease Type
Absolute Net
Rent Per Square Feet
$15.51

Investment Highlights

  • CVS Corporate Guarantee Lease | CVS Health Corporation (NYSE: CVS)
  • Investment Grade Credit Tenant (S&P BBB)
  • Absolute NNN Leases | Zero Landlord Responsibility
  • High Yield Leasehold Opportunity
  • CVS Pharmacy Store Located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and The County Seat of Hardee County, Florida
  • Florida Is a No Income Tax State
  • Drive-Thru Pharmacy

Investment Overview

Marcus & Millichap is pleased to present for sale this CVS Pharmacy Store located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and the County Seat of Hardee County, Florida. Wauchula is known as the “Cucumber capital of the world.” This is the opportunity to purchase the leasehold or “building” under an absolute NNN lease. Numerous apartment complexes surround this CVS Pharmacy including Valencia Gardens Apartments, Country Walk Apartments, Chatham Pointe Senior Apartments, The Palms Apartments, Wauchula Gardens Apartments and Forest Glade Apartments. South Florida Community College (2,710 Enrolled Students) is located nearby this CVS Pharmacy property. CVS Health Corporation is a leading healthcare solutions company headquartered in Woonsocket, Rhode Island and founded in 1963. It is a Fortune 500 Company with over 9,000 retail pharmacies, 1,100 plus walkin- clinics and a major pharmacy benefit manager (CVS Caremark) with Aetna health Insurance.

Exclusively Listed By

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