For Sale

CVS | Cleveland MSA

Asking Price: $3,120,000 | Cap Rate: 5%

  • Net Operating Income: $155,830
  • Weighted Avg. Lease Term (WALT): 20 Years
  • Lease Type: Absolute Net

Property Highlights

  • Excellent demographics with average household incomes over $85,000 within 3-miles
  • Absolute NNN lease with zero landlord responsibilities
  • Ten 5-year renewal options
  • Recently executed a 20 year lease extension