CVS Pharmacy for Sale in Crystal River, FL
Crystal River, FL
Key Investment Metrics
Price
$5,479,167
Cap Rate
4.8%
Net Operating Income
$263,000
Building Size
11200 SF
Remaining Term
3.1 years
Lease Expiration
01/30/2029
Lease Term
20 years
Lease Commencement
01/30/2009
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
1999
Tenancy
Single
Property overview
CVS Pharmacy in Crystal River
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 11,200 SF
- Year built
- 1999
- Lease type
- Absolute NNN
- Lease expiration
- 01/30/2029
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.