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Investment Highlights
- Single-tenant CVS Pharmacy investment with in-place income.
- Annual net operating income of $510,000.
- National pharmacy tenant serving recurring daily consumer demand.
- Offered at a 5.25% cap rate.
- Located within an established Orange County retail corridor.
Executive Summary
Strong preforming store
10 Year lease term
Ground lease with no Landlord obligations
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Single Net
- Jul 2036
CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Single Net | Jul 2036 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 167-141-05 | Improvements Assessment | $1,955,869 CAD |
| Land Assessment | $526,423 CAD | Total Assessment | $2,482,292 CAD |
Property Taxes
Presented by
CVS | 17136 Magnolia St
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