14430 FL-64
Bradenton, FL 34212
CVS · Retail Property For Sale

LONG-TERM COMMITMENT: CVS recently executed a brand-new 20-year lease, with 6 (5-year) renewal options, demonstrating their long-term commitment to the site
STRONG CORPORATE GUARANTEE: CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America’s leading retail pharmacy with 9,000 retail locations, more than 1,000 walk-in and primary care medical clinics
ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
#2 MASTER-PLANNED COMMUNITY IN AMERICA: Lakewood Ranch has been ranked the nation’s top-selling multigenerational master-planned community for eight consecutive years, with 2,085 new-home sales in 2025 ranking it #2 among all U.S. master-planned communities.
RENTAL INCREASES: The lease features 10% rental increases at the beginning of each option period
AFFLUENT SURROUNDING DEMOGRAPHICS: Located in the growing Lakewood Ranch community within the Sarasota–Bradenton MSA, the property is anchored by a prosperous customer base, with average household incomes exceeding $189,000 within a 1-mile radius.
SITUATED ON A HIGH-VISIBILITY HARD CORNER: Positioned on the hard corner at the southwest corner of State Road 64 and Lorraine Road, the property offers outstanding frontage and visibility at a prominent roundabout intersection. Located along State Road 64 — the primary east-west corridor connecting Lakewood Ranch to I-75 and downtown Bradenton — the site benefits from traffic counts exceeding 62,000 (combined) vehicles per day, providing excellent accessibility and exposure within one of the area’s main commuter routes.
ROBUST & EXPANDING MSA: The property sits within the North Port–Sarasota–Bradenton MSA, one of Florida’s fastest-growing metros, with a population approaching 950,000 and real GDP projected to surpass $51 billion by 2028