CVS Pharmacy for Sale in Gahanna, OH

Gahanna, OH

RetailPharmacy/DrugNNN

Key Investment Metrics

Price

$3,571,400

Cap Rate

7.0%

Net Operating Income

$250,000

Building Size

10443 SF

Lease Type

NNN

Tenant Credit

Corporate Guarantee

Year Built

2005

Occupancy

100%

Tenancy

Single

Rent Increases

5% Increases

CVS Pharmacy brand image

Property overview

CVS Pharmacy in Gahanna

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
10,443 SF
Year built
2005
Lease type
NNN

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. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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