CVS Pharmacy for Sale in Woburn, MA
Woburn, MA
Key Investment Metrics
Price
$11,595,104
Cap Rate
6.3%
Net Operating Income
$724,694
Building Size
13013 SF
Land Area
2.05 Acres
Remaining Term
12 years
Lease Expiration
01/31/2039
Lease Term
25 years
Lease Commencement
09/30/2013
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
2013
Occupancy
100%
Tenancy
Single
Rent Increases
10.00% Every First Options, 5.00% Every Last Options
Property overview
CVS Pharmacy in Woburn
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 13,013 SF
- Land area
- 2.05 acres
- Year built
- 2013
- Lease type
- NN
- Lease expiration
- 01/31/2039
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.