Retail    

CVS • Advance Auto Parts • Walgreens

Portfolio of 3 Investment-Grade Assets

 Florida | Texas | New Jersey

Asking Price

$10,361,000

Cap Rate

6.50%

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Expenses

Absolute NNN

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Year Built

1997 | 2015

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WALT

8.5 Years

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Total NOI

$673,480

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Guarantor

Corporate

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Three Investment-Grade Credit Tenants | Corporate Leases
  • Recent 10-Year Lease Extensions
  • Pharmacies Have 25+ Years of Operating History
  • Absolute NNN Leases | No Landlord Responsibilities
  • Advance Auto Parts Rent Increase in 2027
  • CVS HealthHUB Location
  • Affluent Demographics | Rapid Population Growth
  • Income Tax-Free States

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com   

Ryan Butler

Senior Vice President & Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

In Association With

Jason Long

FL Broker License #BK3302956

Brett Butler

TX Broker License #558227

Jason Maier

NJ Broker License #1537436

Northmarq

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Tulsa, OK 74136

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