CVS Pharmacy in Prime, Orlando Florida Location
Retail Property For Sale
- Price:
- $5,900,000
- Building Size:
- 13,824 SF
- Price per SF:
- $426.79
- Property Type:
- Retail
- Property Sub-type:
- Free Standing Bldg
- Property Use Type:
- Net Lease Investment with
- 9 years left on lease
- Cap Rate:
- 7%
- Tenancy:
- Single
- Lot Size:
- 1.86 AC
Description of Investment Property
This is a CVS Pharmacy in a prime, Orlando Florida location. It has a 7 Cap. CVS Corporate Guarantee, No Rent Holidays. Assumable Loan.
This Property is at a great Orlando location at the corner of Curry Ford Rd and Crystal Lake Drive. There are excellent traffic counts and demographics surrounding this Leased Property.
LEASE ABSTRACT
Lease Commencement: 10/30/04
Lease Expiration: 10/30/24
Lease Term Remaining 8+ Years
Current Annual Rent: $413,417
Options: Four Five (5) Year Options
ANNUAL RENEWAL OPTIONS
First Option: $413,417
Second Option: $420,329
Third Option: $427,241
Fourth Option: $434,153
LOAN SUMMARY
Balance as of $2,600,000
Monthly Payments $16,163.00
Assumption 1%
Financial Summary of Net Leased Investment
$413,000
3212 Curry Ford Rd, Orlando, FL 32806 (Orange County)
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