Case Study
CVS Pharmacy and HealthLinc
710 Franklin St., Michigan City, IN
- Property Type: Retail
- Size: 22,294 SF
- Date Closed: 03/1/2020
Challenges
• The accounting and bookkeeping methods were different than normal and customary practices
• The footprint of CVS was unusual and uncustomary for this highly coveted tenant
Solutions
• Spent many hours reviewing and unpacking the accounting and formatting it into a manner that was easily identifiable for the Buyer
• Advised the Buyer to hire a property management firm that will allow for easier accounting methods and billing
Results
• The Buyer was able to understand the accounting
• The Buyer hired a local property manager to handle the day to day management and accounting of the property