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CVS with 12+ Yrs Remaining on 20-Yr. Lease 6891 Vaughn Rd 10,000 SF Retail Building Montgomery, AL 36116 $4,468,340 CAD ($446.83 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Over 12-Years Remaining on 20-Year Lease Extension
  • Investment Grade Credit Rated Tenant
  • Hard Corner at Signalized Intersection with 48,100 VPD
  • 2.5 Miles to Auburn University at Montgomery

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,000 SF
Building Class
C
Year Built
1998
Price
$4,468,340 CAD
Price Per SF
$446.83 CAD
Cap Rate
6.50%
NOI
$290,448 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.37 AC
Zoning
B-2
Parking
54 Spaces (5.4 Spaces per 1,000 SF Leased)
Frontage
99’ on Bell Rd

AMENITIES

  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

Regions Bank
Chin Chin Chinese & Sushi
Planet Fitness
Starbucks
Publix
Zaxby's
Newk's Eatery
Navy Federal Credit Union

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-09-30-1-000-030.000
Land Assessment
$217,371 CAD
Improvements Assessment
$272,765 CAD
Total Assessment
$490,136 CAD
  • Listing ID: 38055428

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 6891 Vaughn Rd, Montgomery, AL 36116

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