CVS Property For Sale in Fulton, MO
$1,833,333.00
Address | 600 Court Street, Fulton, MO |
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Tenant | CVS |
Lease Term | 7 Years |
Cap Rate | 6% |
NOI | $110,000 |
Options | 4 / 5 Year Options |
Description
Triple Net Investment Group is pleased to present a CVS Property Investment opportunity located in Fulton, MO – has 7 years remaining on the lease term, NOI of $110,000, rental increases of 5% every 5 years and Corporate Guarantee. This CVS Property is 5,079 Sq ft with a lot size of 8,712 Sq ft.
- Low price point for Investment Grade Tenant (S&P: BBB)
- Corporate Guarantee by CVS Corporation
- Minimal Landlord Responsibilities
- Long Term Lease(7 years) with options to renew
- The CVS Property Strategically located within 1 mile of Fulton State Hospital
with limited to No Pharmacy competition
- 5% rent increase every five years
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