CVS - NNN Net Lease Property for Sale

Coral Gables, FL

RetailPharmacy/DrugAbsolute NNNNet LeaseFee Simple (Land & Building)Corporate Guarantee

Price

$4,750,000

Cap Rate

8.0%

Building Size

N/A SF

Year Built

2006

CVS NNN net lease property for sale in Coral Gables, FL

About This CVS Net Lease Property

This CVS NNN (triple net lease) property is located in Coral Gables, FL and represents an excellent investment opportunity for commercial real estate investors. The property featuresquality square feet of building space and was built in 2006.

With a cap rate of 8.0%, this CVS net lease property offers stable income potential. The asking price is $4,750,000, making it an attractive option for 1031 exchange investors seeking quality CVS commercial properties.

Why Invest in CVS NNN Properties?

  • Stable Income: CVS net lease properties provide predictable cash flow with minimal landlord responsibilities.
  • Strong Tenant: CVS 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.

Coral Gables, FL Market Overview

Located in Coral Gables, FL, this CVS property benefits from strong local demographics and market fundamentals. The Coral Gables area offers excellent visibility and accessibility, making it an ideal location for CVS operations and a solid investment for net lease property buyers.

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