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CVS Pharmacy 336 Bridge St 12,158 SF Retail Building Lowell, MA 01850 $13,075,583 CAD ($1,075.47 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Recent 15-Year Extension | 16+ Years of Operating History | Investment Grade Tenant (S&P: BBB) | Top 98% (Placer.AI)
- Strong Demographics In 5-Mile Trade Area | Affluent Trade Area
- Signalized, Hard Corner Intersection | Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- University of Massachusetts Lowell (16,770 Students) | Near the Award-Winning Lowell General Hospital (445 Beds)
EXECUTIVE SUMMARY
The asset is strategically located at the signalized, hard corner intersection of Bridge Street and VFW Highway which supports more than 41,000 vehicles per day. Furthermore, the site benefits from nearby access to Highway 110 (13,900 VPD) and Willard Street (5,200 VPD), making this an ideal, centralized location with easy commutes. The site is ideally located between Lowell General Hospital’s Main and Saints campuses, which together comprise approximately 445 beds system-wide and serve as the leading healthcare provider for the trade area. Lowell General Hospital has earned multiple national recognitions, including Magnet® designation for nursing excellence, ranking among Greater Boston’s top hospitals by U.S. News & World Report, and awards from Healthgrades for outstanding orthopedic and coronary care. The subject property is located less than one mile from the University of Massachusetts Lowell campus, which enrolls approximately 16,770 students. The university is part of the University of Massachusetts system, educating roughly 74,000 students across all campuses, and competes at the NCAA Division I level. Located in a dense retail corridor, the asset is within close proximity to multiple national/credit tenants such as Walmart Supercenter, Home Depot, Marshalls, Planet Fitness, and more. Located 30 miles from Boston, the 5-mile subject trade area is supported by more than 200,000 residents and 78,000 daytime employees who earn affluent average household incomes of more than $126,000
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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99,999 SF
- -
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Lorem Ipsum
- -
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | 99,999 SF | - | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LOWE-000176-000780-000336 | Improvements Assessment | $4,150,070 CAD |
| Land Assessment | $591,591 CAD | Total Assessment | $4,741,661 CAD |
PROPERTY TAXES
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CVS Pharmacy | 336 Bridge St
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