CVS Pharmacy - Lebanon, IN

Asset Type

Retail

Address
207 S Lebanon St Lebanon, IN United States 46052-2544
Asking Price

S$6,951,000

Sq Footage

10,880

Year Built

2002

Cap Rate

5.50%

Additional Attributes

Property Description

CVS Pharmacy for sale, located at the intersection of Lebanon and West South streets. CVS has leased this property since 2002, showing a long-term commitment to the location. Set within a high-visibility intersection that sees over 24,900 vehicles pass through on a daily basis.

Investment Highlights

  • Property features a net lease structure with over 18 years remaining
  • Includes four 5-year renewal options with 6% rental increases for each
  • Lease is backed by a corporate guarantee by CVS Corporation


Listing Contacts
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
+65 3159 4021
IL - 475.170243
Nicholas Kanich
Nicholas Kanich
SVP, Capital Markets
+65 3159 4021
IL - 475147401
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