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25Hr CVS at I-75 and I-16 Interchange 1271 Gray Hwy 10,260 SF Retail Building Macon-Bibb, GA 31211 $6,392,106 CAD ($623.01 CAD/SF) 5.10% Cap Rate
Investment Highlights
- Top Performing CVS Nationally
- Tenant in options with 5% escalations every 5-years
- Trade area from Atlanta to Savannah
- Low rent of $21 PSF
- Two large pylon signs
Executive Summary
This CVS benefits from strong sales and high foot traffic thanks to its 24-hour operation, prime location near a recently reconstructed highway interchange, and close proximity to a Walmart Supercenter. The substantial trade area and frequent visitation make lease renewal highly likely. The lease is in options with 5% annual escalations. Full co-brokerage agreement in place.
LOCATION SUMMARY
Situated just north of the upgraded intersection of Interstate Highways 16 and 75, and south of a Walmart Supercenter, this property offers convenient access for travelers coming from outside the immediate region, as shown in the trade area map. The CVS attracts customers from as far as Atlanta to Savannah.
Macon-Bibb County has been named a "Top 10 Metro City" by Site Selection Magazine, with over $1 billion in private investment expected in 2024, projected to grow by 3.5% over the next five years and 7.6% over the next decade.
Nearby retailers include AutoZone, Ross Dress for Less, Walmart Supercenter, Papa John’s, Waffle House, Captain D’s, Burger King, Crystal Dairy Queen, Wendy’s, Arby’s, Taco Bell, Dunkin’ Donuts, and O’Reilly Auto Parts.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$296,356
|
$28.88
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$296,356
|
$28.88
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $296,356 |
| Annual Per SF | $28.88 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $296,356 |
| Annual Per SF | $28.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 10,260 SF
- $28.88 CAD
- Triple Net
- Mar 2029
CVS Health construit un monde de santé autour de chaque consommateur. Leur portée inégalée leur permet d'offrir des soins de santé abordables et de haute qualité au moment et de la manière dont les individus le souhaitent. Ils ont pour mission d'offrir des expériences supérieures et plus connectées, de réduire le coût des soins et d'améliorer la santé et le bien-être des personnes qu'ils servent. En tant que chef de file dans le domaine des solutions de santé, elle offre de multiples canaux d'accès aux soins de santé à l'échelle locale et nationale. Leur forte présence communautaire, leur approche avant-garDISTE et leur engagement inégalé auprès de millions de personnes leur permettent de fournir des soins de santé de haute qualité, personnalisés et abordables. Guidé par son objectif, CVS Health® construit un monde entier de soins de santé autour de chaque personne qu'elle sert, peu importe où elle se trouve dans son parcours. Ils écoutent, font preuve d'empathie et offrent des solutions novatrices qui répondent aux besoins uniques des gens et gagnent leur fidélité. Parce que la façon dont ils fournissent leurs services est tout aussi importante que ce qu'ils fournissent.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 10,260 SF | $28.88 CAD | Triple Net | Mar 2029 |
Nearby Major Retailers
Property Taxes
| Parcel Number | R064-0148 | Improvements Assessment | $666,713 CAD (2025) |
| Land Assessment | $272,409 CAD (2025) | Total Assessment | $939,122 CAD (2025) |
Property Taxes
Presented by
25Hr CVS at I-75 and I-16 Interchange | 1271 Gray Hwy
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