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Drug Store

CVS Pharmacy

12630 IL-143, Highland, IL 62249

Listing Price: $7,036,000

Cap Rate
5.45%
Tenant Name
CVS
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
11,440
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.52

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Highland, Illinois. The property consists of roughly 11,440 rentable square feet of building space on an estimated 0.78 acre parcel of land. The property features a convenient drive-through lane to accommodate the large amount of traffic the site experiences. This is the only CVS in the town of Highland, and it is centrally located among numerous housing developments and other national retailors. The area features an affluent suburban community with the Average Household Income exceeding $101,400 within a Ten-Mile radius of the subject property.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 12 Years of Term Remaining
  • Over 30,000 People Live Within Ten Miles of the Property
  • Located in Madison County, Illinois East of St. Louis

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Financing By

Listing Price: $7,036,000

Cap Rate
5.45%
Tenant Name
CVS
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
11,440
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$33.52

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 12 Years of Term Remaining
  • Over 30,000 People Live Within Ten Miles of the Property
  • Located in Madison County, Illinois East of St. Louis

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Highland, Illinois. The property consists of roughly 11,440 rentable square feet of building space on an estimated 0.78 acre parcel of land. The property features a convenient drive-through lane to accommodate the large amount of traffic the site experiences. This is the only CVS in the town of Highland, and it is centrally located among numerous housing developments and other national retailors. The area features an affluent suburban community with the Average Household Income exceeding $101,400 within a Ten-Mile radius of the subject property.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

Financing By

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