Drug Store

CVS

Listing Price: $10,926,315

Cap Rate
4.75%
Tenant Name
CVS
Years Remaining On Lease
20.30
Guarantor
Corporate Guarantee
Rentable SF
12,843
Lease Type
Double Net
Rent Per Square Feet
$40.41

Investment Overview

Marcus & Millichap is pleased to exclusively present 347 Ferry Street, a Net Leased property, occupied by CVS, located in Newark, NJ.

Investment Highlights

  • RARE Brand-New Construction Northern New Jersey CVS/Pharmacy with Drive/Thru
  • New 20-Year Term Commencing Approximately 12/1/2020
  • CVS is an Essential Retailer Which has Stayed open During Recent COVID-19 Stay at Home Orders

Exclusively Listed By

Listing Price: $10,926,315

Cap Rate
4.75%
Tenant Name
CVS
Years Remaining On Lease
20.30
Guarantor
Corporate Guarantee
Rentable SF
12,843
Lease Type
Double Net
Rent Per Square Feet
$40.41

Investment Highlights

  • RARE Brand-New Construction Northern New Jersey CVS/Pharmacy with Drive/Thru
  • New 20-Year Term Commencing Approximately 12/1/2020
  • CVS is an Essential Retailer Which has Stayed open During Recent COVID-19 Stay at Home Orders

Investment Overview

Marcus & Millichap is pleased to exclusively present 347 Ferry Street, a Net Leased property, occupied by CVS, located in Newark, NJ.

Exclusively Listed By

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