CVS Pharmacy | Shreveport, LA
For Sale
CVS Pharmacy | Shreveport, LA
Asking Price: $1,920,000
| Cap Rate: 9.75%
- Net Operating Income: $186,751
- Weighted Avg. Lease Term (WALT): 8.9 Years
- Lease Type: Absolute Net
Property Highlights
- Corporate guarantee from national tenant (CVS); with over 9,500 locations nationwide; Investment grade tenant (S&P: BBB | Moody’s: Baa2)
- Highly visible property along Market Street, which sees 23,168 VPD
- Property is located in Shreveport, LA the third largest MSA in the state of Louisiana
- Surrounding national retailers include; McDonald’s, Wendy’s, KFC, Burger King, O’Reilly Auto Parts, Chase Bank, and more
