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CVS & Sakonnet River Grille 500 Main Rd 17,950 SF 100% Leased Retail Building Tiverton, RI 02878 $12,120,484 CAD ($675.24 CAD/SF) 6.71% Cap Rate



Investment Highlights
- Long-Term Leases
- Net Leases
- Prime Retail Location
- Scheduled Rent Increases
- Investment Grade Anchor
- Strong Demographics
Executive Summary
Property Facts
Amenities
- Bus Line
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jan 2040
CVS Pharmacy began in 1963 in Lowell, Massachusetts, as a health and beauty product retailer. The company expanded into pharmacy services in 1967 and grew through acquisitions to become a national healthcare provider. Today, CVS operates numerous retail pharmacy locations and walk-in clinics across the United States. The company also offers pharmacy benefit management services and health insurance products through various subsidiaries. CVS has established a significant presence in the healthcare sector by integrating retail, clinical, and insurance services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | Jan 2040 |
Property Taxes
| Parcel Number | TIVE-000112-000000-000396 | Improvements Assessment | $4,024,464 CAD |
| Land Assessment | $1,367,139 CAD | Total Assessment | $5,391,603 CAD |
Property Taxes
Presented by
CVS & Sakonnet River Grille | 500 Main Rd
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