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Recent 20 Yr Ext No Rent Holiday Ltd Comp 9849 Rome Blvd 12 177 pi² Commerce de détail Immeuble Summerville, GA 30747 5 892 432 $ CAD (483,90 $ CAD/pi²) 6,25% Taux de capitalisation


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FAITS SAILLANTS DE L'INVESTISSEMENT
- CVS guarantees the rental income which has 5% increases in the options and does not include a rent holiday.
- This property is located in the heart of Summerville and benefits from limited drugstore competition with no other CVS or Walgreens for over 14 Miles.
- In 2019, CVS agreed to extend the lease to a 20 year firm term showing their commitment to the location.
- 5 minutes away, Atrium Health Floyd Chattooga, which serves as the primary healthcare facility for Summerville and the surrounding communities.
RÉSUMÉ DE L'ANNONCE
Pharma Property Group is pleased to market for sale the CVS property located at 9849 Rome Boulevard Summerville, Georgia 30747 (“The Property”). Summerville is located in the foothills of northwest Georgia and is the county seat of Chattooga County, Georgia. The city is strategically positioned about an hour South of Chattanooga, Tennessee and two hours North of Atlanta, Georgia.
CVS has been operating at this location for over 18 years and in 2019 committed to the location with a 20-year lease extension, showing strong confidence in the property's performance and the Summerville market. With no rent holiday and 5% rental increases built into each of the eight five-year option periods, the lease provides a predictable and growing income stream with over 14 years of guaranteed rent remaining on the initial term. Strategically positioned in the heart of Summerville's retail corridor, the property benefits from limited competition as there are no other CVS or Walgreens locations within a 14-mile radius.
Listed in conjunction with Brian Brockman, Bang Realty-Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952
CVS has been operating at this location for over 18 years and in 2019 committed to the location with a 20-year lease extension, showing strong confidence in the property's performance and the Summerville market. With no rent holiday and 5% rental increases built into each of the eight five-year option periods, the lease provides a predictable and growing income stream with over 14 years of guaranteed rent remaining on the initial term. Strategically positioned in the heart of Summerville's retail corridor, the property benefits from limited competition as there are no other CVS or Walgreens locations within a 14-mile radius.
Listed in conjunction with Brian Brockman, Bang Realty-Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Pharmacie
Taille du bâtiment
12 177 pi²
Classe d’immeuble
B
Année de construction
2006
Prix
5 892 432 $ CAD
Prix par pi²
483,90 $ CAD
Taux de capitalisation
6,25%
Revenu net d’exploitation
368 277 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,19
Taille du lot
1,51 AC
Zonage
C - Commerciale
Stationnement
64 places (5,26 places par 1 000 pi² loué)
Façade
221’ sur Rome Blvd
COMMODITÉS
- Enseigne sur pylône
- Système de sécurité
- Climatisation
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 00S22-00000-100-000 01 | Évaluation des bâtiments | 874 820 $ CAD |
| Évaluation du terrain | 38 298 $ CAD | Évaluation totale | 913 119 $ CAD |
Impôts fonciers
Numéro de lot
00S22-00000-100-000 01
Évaluation du terrain
38 298 $ CAD
Évaluation des bâtiments
874 820 $ CAD
Évaluation totale
913 119 $ CAD
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Recent 20 Yr Ext No Rent Holiday Ltd Comp | 9849 Rome Blvd
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