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Drug Store

CVS Pharmacy

23743 Jackson Ave, Murrieta, CA 92562

Listing Price: $9,001,920

Cap Rate
5.00%
Tenant Name
CVS
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
11,157
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.34

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an CVS located at 23743 Jackson Avenue in Murietta, CA. The site consists of roughly 11,157 rentable square feet of building space on estimated 1.60-acre parcel of land. CVS has over 15 years remaining on a 25-year true triple-net (NNN) lease.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 15 Years of Term Remaining
  • ? Over 159,760 People Live Within Five Miles of the Property | Forecasted Population Growth Over the Next Five Years in a 1, 3, 5, and 10-Mile Radius
  • Investment Grade Credit: CVS Corporate (S&P: BBB)

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John Vorsheck

    Senior Vice President / Division Manager

    (858) 373-3100

    License(s) CA: 01419126

    California

Drug Store

CVS Pharmacy

Listing Price: $9,001,920

Cap Rate
5.00%
Tenant Name
CVS
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
11,157
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$40.34

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 15 Years of Term Remaining
  • ? Over 159,760 People Live Within Five Miles of the Property | Forecasted Population Growth Over the Next Five Years in a 1, 3, 5, and 10-Mile Radius
  • Investment Grade Credit: CVS Corporate (S&P: BBB)

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for an CVS located at 23743 Jackson Avenue in Murietta, CA. The site consists of roughly 11,157 rentable square feet of building space on estimated 1.60-acre parcel of land. CVS has over 15 years remaining on a 25-year true triple-net (NNN) lease.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • John Vorsheck

    Senior Vice President / Division Manager

    (858) 373-3100

    License(s): CA: 01419126

    California

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