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Drug Store

CVS Pharmacy

180 Keith St SW, Cleveland, TN 37320

Listing Price: $2,655,000

Cap Rate
7.45%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
1.0
Guarantor
Corporate Guarantee
Rentable SF
10,687
Lease Type
Double Net
Rent Per Square Feet
$18.51

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the CVS Pharmacy located in Cleveland, TN.

Investment Highlights

  • Corporate guaranty
  • Signalized hard corner location
  • 24-year historical occupancy | Tenant most recently renewed Lease in 2017
  • Drive-thru equipped
  • Serves downtown Cleveland | Nearby Lee University | Minimal competitors

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s) TN: 307629

    Tennessee

Listing Price: $2,655,000

Cap Rate
7.45%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
1.0
Guarantor
Corporate Guarantee
Rentable SF
10,687
Lease Type
Double Net
Rent Per Square Feet
$18.51

Investment Highlights

  • Corporate guaranty
  • Signalized hard corner location
  • 24-year historical occupancy | Tenant most recently renewed Lease in 2017
  • Drive-thru equipped
  • Serves downtown Cleveland | Nearby Lee University | Minimal competitors

Investment Overview

Marcus & Millichap is pleased to exclusively present for sale the CVS Pharmacy located in Cleveland, TN.

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2860

    License(s): TN: 307629

    Tennessee

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