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CVS Pharmacy 1479 Newman Ave 12,900 SF Retail Building Seekonk, MA 02771 For Sale
EXECUTIVE SUMMARY
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of CVS in Seekonk, MA, a freestanding outparcel to the Stop & Shop on Newman Avenue. This 12,900 SF property was a build-to-suit for CVS moving to an outparcel position from a long operating history at an in-line location at the site. The property was constructed in 2013 and the 25-year primary term with CVS runs through February of 2038, with 10% increase at the onset of first option period.
The offering is an absolute NNN lease with zero landlord responsibilities. The property sits atop 1.87 acres, enjoys excellent visibility, and serves as a daily needs anchor to the
trade area for the communities outside of Providence, RI. The property is offered for sale free and clear of any existing debt.
The offering is an absolute NNN lease with zero landlord responsibilities. The property sits atop 1.87 acres, enjoys excellent visibility, and serves as a daily needs anchor to the
trade area for the communities outside of Providence, RI. The property is offered for sale free and clear of any existing debt.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,900 SF
Building Class
C
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.87 AC
Zoning
LB
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SEEK-000290-000000-000001C | Improvements Assessment | $2,791,543 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,791,543 CAD |
PROPERTY TAXES
Parcel Number
SEEK-000290-000000-000001C
Land Assessment
$0 CAD
Improvements Assessment
$2,791,543 CAD
Total Assessment
$2,791,543 CAD
CONTACTS
-
Eric Suffoletto -
Danny Griffin -
Justin Smith -
Chris Peterson -
Sam Koonce -
Atlantic Capital Partners
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CVS Pharmacy | 1479 Newman Ave
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