2715 E Battlefield St
Springfield, MO 65804
CVS Pharmacy · Commerce de détail Propriété À vendre

Northmarq, on behalf of ownership, is pleased to present the opportunity to acquire the fee simple interest in the CVS Pharmacy located at 2715 East Battlefield Street in Springfield, Missouri (the “Property”).
This offering features over 10 years of remaining term on CVS’s Absolute NNN lease with zero landlord responsibilities. This includes roughly 7.5 years of rent and 3 years of rent holiday. Additionally, there are ten, five-year option periods to immediately follow – two at fixed rate and eight at fair market value.
CVS Health Corp. (NYSE: CVS) operates more than 9,000 locations nationwide and employs approximately 300,000 people across the U.S., Washington D.C., and Puerto Rico. The company generates over $372 billion in annual revenue and is ranked #5 on the Fortune 500. CVS holds investment-grade credit ratings from all major agencies, including a “BBB” rating with a stable outlook from Standard & Poor’s.
The Property is strategically positioned at a hard, signalized corner. It is less than one mile from US-65 and is within a dense retail market that includes two major shopping centers. Demographics are strong (average household income of $106K+ within one mile, 496K+ trade area population) and retail market fundamentals are among the best in the nation (just 1.9% vacancy, well below the five- and ten-year averages and far outpacing the national average), providing exceptional residual value.