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Recent 10 Yr Ext. | Replaceable Rent Levels 901 S Main St 11 178 pi² Commerce de détail Immeuble Wildwood, FL 34785 3 177 428 $ CAD (284,26 $ CAD/pi²) 6,53% Taux de capitalisation


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FAITS SAILLANTS DE L'INVESTISSEMENT
- CVS has been operating at this site for 26 years, and in June 2025, extended its lease for an additional 10 years.
- CVS guarantees the rental income, which has a 39.45% increase in the first option period, and does not include a rent holiday.
- In June 2025, the property was upgraded with a new roof, and the parking lot was resealed and restriped.
- 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.
- Advanced Center for Healthcare at Brownwood (built 2020 is located 1 mi E and is a 240K SF state-of-the-art health care facility.
- Located at the signalized intersection of S Main St and E Gulf Atlantic Hwy (53K VPD) and less than a half mile from the Florida Tpke (56K VPD).
RÉSUMÉ DE L'ANNONCE
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.
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Pharmacie
Taille du bâtiment
11 178 pi²
Classe d’immeuble
C
Année de construction
1999
Prix
3 177 428 $ CAD
Prix par pi²
284,26 $ CAD
Taux de capitalisation
6,53%
Revenu net d’exploitation
207 486 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,16
Taille du lot
1,62 AC
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | G07-058 | Évaluation des bâtiments | 1 805 390 $ CAD |
| Évaluation du terrain | 887 507 $ CAD | Évaluation totale | 2 692 897 $ CAD |
Impôts fonciers
Numéro de lot
G07-058
Évaluation du terrain
887 507 $ CAD
Évaluation des bâtiments
1 805 390 $ CAD
Évaluation totale
2 692 897 $ CAD
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Recent 10 Yr Ext. | Replaceable Rent Levels | 901 S Main St
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