CVS
Retail
1206 16th Street Bedford, IN
Price:
$ 4,937,615
Property Size:
10,304 sqft
Cap Rate:
5.45
NOI:
$ 269,100
Lot Size:
1.49 acres
Status:
Sold
- The subject property boasts a long term absolute NNN Lease, with approximately 20 years of primary term remaining. Under an absolute NNN lease, the tenant is responsible for all operating expenses, taxes, insurance, and repairs and maintenance of the building and parking lot thus resulting in zero Landlord obligations.
- CVS Pharmacy is owned by CVS Health Corporation (S&P: BBB) the largest retail pharmacy chain in the US. Headquartered in Woonsocket, RI. CVS is the largest pharmacy chain in the US with over 9,900 retail locations and more than 295,000 employees.
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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
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