CVS Pharmacy for Sale in Pickens, SC
Pickens, SC
Key Investment Metrics
Price
$2,421,000
Cap Rate
6.0%
Net Operating Income
$145,288
Building Size
10125 SF
Land Area
1.45 Acres
Remaining Term
1.5 years
Lease Expiration
01/31/2028
Lease Term
5 years
Lease Commencement
02/01/2023
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1999
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
Property overview
CVS Pharmacy in Pickens
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,125 SF
- Land area
- 1.45 acres
- Year built
- 1999
- Lease type
- Absolute NNN
- Lease expiration
- 01/31/2028
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.