CVS Pharmacy for Sale in Charlotte, NC
Charlotte, NC
Key Investment Metrics
Price
$2,885,457
Cap Rate
7.0%
Net Operating Income
$201,982
Building Size
10151 SF
Land Area
0.69 Acres
Remaining Term
8.5 years
Lease Expiration
01/31/2035
Lease Type
NN
Year Built
1999
Tenancy
Single
Property overview
CVS Pharmacy in Charlotte
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,151 SF
- Land area
- 0.69 acres
- Year built
- 1999
- Lease type
- NN
- Lease expiration
- 01/31/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.