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CVS Retail Property For Sale in Orlando Florida

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)
Listing information courtesy of Seavest Realty. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, solely to identify potential properties for potential purchase.