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8000 Euclid Ave
Cleveland, OH 44103
CVS Pharmacy - Leashold Interest · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CVS Pharmacy With 9+ Years Remaining
- Long Operating Tenant, Rent Commenced 2008
- Located Along Euclid Ave With a Daily Traffic Count of 11,090+ VPD
- Property is Currently a Zero Cash Flow Deal With Pricing Based on Seller Defeasing the Existing Loan at Closing
- Extremely Dense 5-Mile Demographics With Over 271K+ Residents
- CVS is the Largest Company That has Operations Solely in the United States, Operating Close to 10,000 Stores Throughout the Country
EXECUTIVE SUMMARY
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a CVS Pharmacy in Cleveland, OH.
Leasehold Interest
Cooperating Broker: Brian Brockman
Bang Realty, Inc | OH #BRK.2009000214
bor@bangrealty.com | (513) 898-1551
Leasehold Interest
Cooperating Broker: Brian Brockman
Bang Realty, Inc | OH #BRK.2009000214
bor@bangrealty.com | (513) 898-1551
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,878 SF
Building Class
C
Year Built
2007
Price
$2,751,240 CAD
Price Per SF
$231.62 CAD
Cap Rate
11.57%
NOI
$318,306 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.74 AC
Opportunity Zone
Yes
Zoning
GR
Parking
63 Spaces (5.3 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 119-14-007 | Improvements Assessment | $350,978 CAD |
| Land Assessment | $549,508 CAD | Total Assessment | $900,486 CAD |
PROPERTY TAXES
Parcel Number
119-14-007
Land Assessment
$549,508 CAD
Improvements Assessment
$350,978 CAD
Total Assessment
$900,486 CAD
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