CVS Pharmacy - Net Lease Property for Sale
Tulsa, OK
Key Investment Metrics
Price
$5,230,288
Cap Rate
6.3%
Net Operating Income
$326,893
Building Size
12290 SF
Lot Size
12,290 SF
Land Area
1.38 Acres
Remaining Term
14.5 years
Lease Expiration
01/31/2041
Lease Type
Absolute NNN
Year Built
2015
Tenancy
Single
About This CVS Pharmacy Net Lease Property
This CVS Pharmacy NNN (triple net lease) property is located in Tulsa, OK and represents an excellent investment opportunity for commercial real estate investors. The property features 12290 square feet of building space and was built in 2015.
With a cap rate of 6.3%, this CVS Pharmacy net lease property offers stable income potential. The asking price is $5,230,288, making it an attractive option for 1031 exchange investors seeking quality CVS Pharmacy commercial properties.
Why Invest in CVS Pharmacy NNN Properties?
- Stable Income: CVS Pharmacy net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: CVS Pharmacy is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Tulsa, OK Market Overview
Located in Tulsa, OK, this CVS Pharmacy property benefits from strong local demographics and market fundamentals. The Tulsa area offers excellent visibility and accessibility, making it an ideal location for CVS Pharmacy operations and a solid investment for net lease property buyers.