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