Log In/Sign Up
Your email has been sent.
CVS 330 E Greene St 8,470 SF Retail Building Monticello, GA 31064 $1,846,498 CAD ($218.00 CAD/SF) 7.41% Cap Rate
Investment Highlights
- 8,470 SF retail/free standing building
- CVS exercised 5 year option starting November 2024; one remaining with a 10% rent increase
- Prime location in the City of Monticello, GA
- Lot size .91 acres
- Zoned Community Commercial
- Next national drug store is 17 miles away
Executive Summary
A 8,470 SF retail/free standing CVS drugstore building built in 1994. The property is zoned Community Commercial in the heart of Monticello, GA. CVS has shown a strong commitment to this location recently exercising a 5-year option starting in November 2024 with one more 5-year option remaining with a 10% rent increase. With 100% occupancy by stable tenants, this property guarantees immediate returns. Boasting ample parking, high visibility, and prominent signage opportunities. Its strong national tenant, vibrant location and versatile layout makes it an ideal choice for investors. The next closest national drugstore or big box is approximately 18 miles away.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,470 SF
Building Class
B
Year Built
1994
Price
$1,846,498 CAD
Price Per SF
$218.00 CAD
Cap Rate
7.41%
NOI
$136,879 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.95 AC
Zoning
002 - Community Commercial
Frontage
170’ on Greene St
Nearby Major Retailers
Property Taxes
| Parcel Number | M05A-048 | Improvements Assessment | $459,311 CAD |
| Land Assessment | $238,115 CAD | Total Assessment | $697,426 CAD |
Property Taxes
Parcel Number
M05A-048
Land Assessment
$238,115 CAD
Improvements Assessment
$459,311 CAD
Total Assessment
$697,426 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
CVS | 330 E Greene St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.