CVS - NNN Net Lease Property for Sale
Roanoke, VA
Price
$1,941,176
Cap Rate
8.5%
Building Size
11391 SF
Year Built
1999

About This CVS Net Lease Property
This CVS NNN (triple net lease) property is located in Roanoke, VA and represents an excellent investment opportunity for commercial real estate investors. The property features11391 square feet of building space and was built in 1999.
With a cap rate of 8.5%, this CVS net lease property offers stable income potential. The asking price is $1,941,176, 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.
Roanoke, VA Market Overview
Located in Roanoke, VA, this CVS property benefits from strong local demographics and market fundamentals. The Roanoke area offers excellent visibility and accessibility, making it an ideal location for CVS operations and a solid investment for net lease property buyers.