CVS Pharmacy - Lebanon, IN
207 S Lebanon St Lebanon , IN 46052

CVS Pharmacy - Lebanon, IN - retail for sale

Download offering memorandum:

Overview



CVS Pharmacy for sale, located at the intersection of Lebanon and West South streets. CVS has leased this property since 2002, showing a long-term commitment to the location. Set within a high-visibility intersection that sees over 24,900 vehicles pass through on a daily basis.

Investment highlights


  • Property features a net lease structure with over 18 years remaining
  • Includes four 5-year renewal options with 6% rental increases for each
  • Lease is backed by a corporate guarantee by CVS Corporation


General
Property type Retail
Tenure type Sale/Purchase
Property address 207 S Lebanon St, Lebanon, IN 46052-2544
Building size 10,880  ft2
Year built 2002
Financial
Price $5,074,036
Cap rate 5.50%
Current NOI $279,072.00
Lease
Tenant's name CVS Health
Lease type NN
Annual rent $279,072.00
Lease expiration date 01/31/2038
Remaining term 18.2Yrs

Other properties you may be interested in

  • 1165 N. Clark Retail Vertical Subdivison - Retail - Sale - Property View
    Retail
    1165 N. Clark Retail Vertical Subdivison
    1165 N Clark StChicago, IL 60610-2702
    Confidential
    18,100 ft2
    Sale/Purchase
  • 1702 Avenue U - Brooklyn, NY - Retail - Sale - Property View
    Retail
    1702 Avenue U - Brooklyn, NY
    1702 Avenue UBrooklyn, NY 11229-3812
    Confidential
    6,400 ft2
    Sale/Purchase
  • 24 Hour Fitness - Dallas, TX - Retail - Sale - Property View
    Retail
    24 Hour Fitness - Dallas, TX
    2300 Fort Worth AveDallas, TX 75211
    $13,616,000
    37,000 ft2
    Sale/Purchase
  • 2830 Mannheim Road - Retail - Sale - Property View
    Retail
    2830 Mannheim Road
    2830 Mannheim RdFranklin Park, IL 60131-2222
    $2,445,000
    4,275 ft2
    Sale/Purchase
  • 3149 Ambassador Caffery Pkwy, Lafayette LA - Healthcare - Sale - Property View
    Healthcare
    3149 Ambassador Caffery Pkwy, Lafayette LA
    3149 Ambassador Caffery PkwyLafayette, LA 70506-7209
    $17,026,208
    35,367 ft2
    Sale/Purchase
  • 3500 Youngfield  - Wheat Ridge, CO - Retail - Sale - Property View
    Retail
    3500 Youngfield - Wheat Ridge, CO
    3500 Youngfield StWheat Ridge, CO 80033-5286
    $3,175,000
    6,500 ft2
    Sale/Purchase