Log In/Sign Up
Your email has been sent.
CVS Pharmacy - Leashold Interest 8000 Euclid Ave 11,945 SF Retail Building Cleveland, OH 44103 $2,785,680 CAD ($233.21 CAD/SF) 11.57% Cap Rate
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
11,945 SF
Building Class
C
Year Built
2007
Price
$2,785,680 CAD
Price Per SF
$233.21 CAD
Cap Rate
11.57%
NOI
$322,291 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.74 AC
Opportunity Zone
Yes
Zoning
GR
Parking
63 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 119-14-007 | Improvements Assessment | $353,092 CAD |
| Land Assessment | $552,818 CAD | Total Assessment | $905,910 CAD |
Property Taxes
Parcel Number
119-14-007
Land Assessment
$552,818 CAD
Improvements Assessment
$353,092 CAD
Total Assessment
$905,910 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
CVS Pharmacy - Leashold Interest | 8000 Euclid Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.