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CVS Pharmacy 1390 S Jefferson St 13,800 SF Retail Building Monticello, FL 32344 $5,738,241 CAD ($415.81 CAD/SF) 7% Cap Rate



Investment Highlights
- Strong Corporate Lease Guarantee | CVS Health Corp: Investment Grade Credit Tenant (S&P: BBB) – Only Investment Grade Pharmacy in the US
- Attractive Absolute NNN Lease | Zero Landlord Responsibilities
- Located Along the Main Corridor into Downtown Monticello | Directly Across From Winn-Dixie Grocery Anchored Center, Tractor Supply, O'Reilly Auto
- Revenues of $357.8 Billion | Ranked #6 on Fortune 500
- Zero Pharmacy Competition | No Other CVS or Walgreens within 21 Mile Radius
- Located 30 Miles from Downtown Tallahassee & Tallahassee International Airport
Executive Summary
Property Facts
Amenities
- Signage
- Drive Thru
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- -
CVS Pharmacy began in 1963 in Lowell, Massachusetts, as a health and beauty product retailer. The company expanded into pharmacy services in 1967 and grew through acquisitions to become a national healthcare provider. Today, CVS operates numerous retail pharmacy locations and walk-in clinics across the United States. The company also offers pharmacy benefit management services and health insurance products through various subsidiaries. CVS has established a significant presence in the healthcare sector by integrating retail, clinical, and insurance services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,625,864 CAD | |
| Land Assessment | $214,189 CAD | Total Assessment | $1,840,053 CAD |
Property Taxes
Presented by
CVS Pharmacy | 1390 S Jefferson St
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