Corporate Guaranteed CVS for sale
$1,666,666.00
Address | 1030 Main Street, Lexington, MO |
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Tenant | CVS |
Lease Term | 7 Years |
Cap Rate | 6% |
NOI | $100,000 |
Options | 4 / 5 Year Options |
Description
Triple Net Investment Group is pleased to present an opportunity to purchase a Corporate Guaranteed CVS located in Lexington, MO – building is 2,195 Sq ft with a lot size of
5,663 Sq ft. This CVS has Rental increases of 5% every 5 years, with 7 years remaining on the lease term and has a long term occupancy and commitment to the site. CVS has an S&P Rating of BBB, Making this an Investment Grade Tenant.
- Corporate Guaranteed by CVS Corporation
- Minimal Landlord Responsibilities
- Long Term Lease(9 years) with options to renew
- Strategically located near Lafayette Regional Medical Center
and next to Lexington Medical Clinic
5% rent increase every five years
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