CVS Pharmacy - Bristol, TN

Asset Type

Retail

Address
308 E Cedar St Bristol, TN United States 37620-3928
Asking Price

S$6,234,000

Sq Footage

12,059

Year Built

2015

Cap Rate

5.21%

Additional Attributes
Current / Passing Rent S$324,700
Escalations Flat
Lease Expiration 2041-01-31
Lease Type NNN
Options 10 x 5 Years
Tenant CVS Health

Property Description

Single-tenant CVS Pharmacy for sale in Bristol. Includes an absolute NNN lease with 22 years remaining, and zero landlord responsibilities. The store has exceptional sales performance on a regular basis and no competing national pharmacy retailer within a 3-mile radius.

Investment Highlights

  • Fee simple interest
  • Leased to CVS Pharmacy on an NNN lease with 22 years remaining
  • Zero landlord responsibilities
  • Features accretive in-place financing 
Listing Contacts
Jordan Uttal
Jordan Uttal
VP, Capital Markets
+65 3159 4021
CA - 1856260
Buff Teague
Buff Teague
Vice President, Brokerage
+65 3159 4021
AL - 000083353-0 LA - 0995683037 MS - 21517 AL - 000083353-0 FL - BK3240964 TN - 346098
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