Sheffield NNN Properties For Sale

More details for 160 Fairview Ave, Hudson, NY - Retail for Sale

CVS - 160 Fairview Ave

Hudson, NY 12534

NNN Property
Retail for Sale
$4,286,896 CAD
12,765 SF

Air Conditioning

Hudson Retail for Sale - Columbia County

SRS National Net Lease in collaboration with Trinity Realty Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, freestanding, drive-thru equipped, CVS Pharmacy investment property located in Hudson, NY. The tenant, CVS Mack Drug of New York, LLC (CVS), has 3 years of firm term remaining with an additional 3 (5-year) option periods left to extend. The lease features scheduled rental increases at the beginning of each option, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (NYSE: CVS | S&P: BBB) and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 1963, CVS is the leading retail pharmacy chain in the U.S. with over 9,100 operating locations.

Contact:

SRS Real Estate Partners

Property Subtype:

Drug Store

Date on Market:

2024-04-16

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NNN Property for Sale within 50 kilometers of Sheffield, MA, USA

Hudson Retail for Sale - Columbia County

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