CVS Pharmacy in Prime, Orlando Florida Location

Retail Property For Sale

Price:
$5,900,000
Building Size:
13,824 SF
Price per SF:
$426.79
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
9 years left on lease
Cap Rate:
7%
Tenancy:
Single
Lot Size:
1.86 AC

 

Description of Investment Property

This is a CVS Pharmacy in a prime, Orlando Florida location. It has a 7 Cap. CVS Corporate Guarantee, No Rent Holidays. Assumable Loan.

This Property is at a great Orlando location at the corner of Curry Ford Rd and Crystal Lake Drive. There are excellent traffic counts and demographics surrounding this Leased Property.

 

LEASE ABSTRACT

Lease Commencement: 10/30/04

Lease Expiration: 10/30/24

Lease Term Remaining 8+ Years

Current Annual Rent: $413,417

Options: Four Five (5) Year Options

 

ANNUAL RENEWAL OPTIONS

First Option: $413,417

Second Option: $420,329

Third Option: $427,241

Fourth Option: $434,153

LOAN SUMMARY

Balance as of $2,600,000

Monthly Payments $16,163.00

Assumption 1%

Financial Summary of Net Leased Investment

$413,000
3212 Curry Ford Rd, Orlando, FL 32806 (Orange County)
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