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CVS 1595 Main St 22,965 SF Retail Building Weaverville, CA 96093 $3,884,109 CAD ($169.13 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Corporate Guaranteed Lease with CVS
- Minimal Landlord Obligations - A triple-net lease structure, with the tenant responsible for insurance, property taxes, and common area maintenance
- Large Parcel with Expansion Potential – Spanning approximately 2.38 acres (over 100,000 sq. ft.)
- Established Location with Exceptional Performance - Generating annual sales of more than $14 million
- Generous Parking Capacity – The subject property offers an impressive approximate total of 136 dedicated parking spaces
- Serving as a primary pharmacy destination for Trinity County
Executive Summary
Over $625/SF Store Sales - Corporate Guaranteed Lease - Established Location with Exceptional Performance
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
22,965 SF
Building Class
B
Year Built
1998
Price
$3,884,109 CAD
Price Per SF
$169.13 CAD
Cap Rate
8.50%
NOI
$330,245 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
2.38 AC
Zoning
C
Parking
136 Spaces (5.92 Spaces per 1,000 SF Leased)
Frontage
227’ on Main Street
Amenities
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, selling health products. The company expanded into pharmacy services in 1967 and was later acquired by Melville Corporation. Through strategic acquisitions like MinuteClinic and Caremark, CVS grew its healthcare services. The 2018 merger with Aetna made CVS Health a major player in insurance. Today, the company operates pharmacies nationwide, manages pharmacy benefits, and provides health insurance through various subsidiaries.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 024-500-065-000 | Improvements Assessment | $2,639,133 CAD |
| Land Assessment | $32,633 CAD | Total Assessment | $2,671,767 CAD |
Property Taxes
Parcel Number
024-500-065-000
Land Assessment
$32,633 CAD
Improvements Assessment
$2,639,133 CAD
Total Assessment
$2,671,767 CAD
Contacts
-
Patrick Wade -
Jack Webber -
Alex Kozakov -
Matthew Greenberg -
Bo Henderson -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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Presented by
CVS | 1595 Main St
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