885 Oakwood Rd,
Charleston, WV 25314
CVS Pharmacy
| Offering Summary | |||
|---|---|---|---|
| Price | $5,142,658 | Cap Rate | 5.25% |
| NOI | $269,989.56 | Rentable SF | 12,035 SF |
| Lot Size | 1.32 +/- Acres | Year Built | 2016 |
| Lease Type | Absolute NNN | Lease Term | 16 Years |
Investment Highlights
- 16-Years Remaining on the 25-Year Absolute NNN Lease
- Corporate Guarantee from CVS Health Corporation (NYSE: CVS)
- Investment Grade Credit Tenant (S&P Rated: BBB)
- Access to Signalized Intersection w/ Traffic Counts Exceeding
43,000 Vehicles Per Day - Dense Infill Location with 71,000 Residents in a 5-Mile Radius w/
Average Household Income Exceeding $86,000 - Ideal 1031 Replacement Property (Zero Landlord Responsibility,
Corporate Guarantee, 16-Years Remaining)
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For More Information, Please Contact:
John R Wertz
Managing Principal
(619) 218-6427
[email protected]