Recent 10 Yr Ext. | Replaceable Rent Levels 901 S Main St 11,178 SF Retail Building Wildwood, FL 34785 $3,174,880 CAD ($284.03 CAD/SF) 6.53% Cap Rate

We are pleased to market for sale the CVS property located at 901 South Main Street, Wildwood, FL 34785 ("The Property"). CVS has been at this location since 1998 and recently signed a new 10-year extension, demonstrating its commitment to the location. In June 2025, the property was upgraded with a new roof, and the parking lot was resealed and restriped.

The investment offers a rare CVS opportunity in Florida with replaceable rent levels. At lease expiration, CVS will be paying $12.67 per square foot in rent, which is under the local retail market rent of $23-$25 per square foot. There is no rent holiday, and the lease calls for a 39.45% rental increase in the first option period.

The Property is located one mile from the Advanced Center for Healthcare at Brownwood, a 240,000-square-foot medical facility completed in 2020, serving the rapidly growing retiree population in Wildwood and The Villages. The surrounding area has a median age of over 60 years old, supporting consistent pharmacy demand.

Strategically located at the signalized intersection of South Main Street and East Gulf Atlantic Highway, the Property benefits from visibility to over 53,000 vehicles per day, with immediate proximity to the Florida Turnpike with 56,000 vehicles per day—a major north-south artery connecting Wildwood to the broader Central Florida region.
Listed in conjunction with Brian Brockman, Bang Realty - Naples, Inc, 513-898-1551, wg@bangrealty.com, FL DRE Lic. BK3327646.