Cvs Nnn Leasehold — Sale in Wauchula, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Wauchula, FL 33873

Investment Figures

Cap rate
8.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale this CVS Pharmacy Store located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and the County Seat of Hardee County, Florida. Wauchula is known as the “Cucumber capital of the world.” This is the opportunity to purchase the leasehold or “building” under an absolute NNN lease. Numerous apartment complexes surround this CVS Pharmacy including Valencia Gardens Apartments, Country Walk Apartments, Chatham Pointe Senior Apartments, The Palms Apartments, Wauchula Gardens Apartments and Forest Glade Apartments. South Florida Community College (2,710 Enrolled Students) is located nearby this CVS Pharmacy property. CVS Health Corporation is a leading healthcare solutions company headquartered in Woonsocket, Rhode Island and founded in 1963. It is a Fortune 500 Company with over 9,000 retail pharmacies, 1,100 plus walkin- clinics and a major pharmacy benefit manager (CVS Caremark) with Aetna health Insurance. Investment Highlights: • CVS Corporate Guarantee Lease | CVS Health Corporation (NYSE: CVS) • Investment Grade Credit Tenant (S&P BBB) • Absolute NNN Leases | Zero Landlord Responsibility • High Yield Leasehold Opportunity • CVS Pharmacy Store Located at 301 S. 6th Avenue in Wauchula, Florida (Population 4,900) and The County Seat of Hardee County, Florida • Florida Is a No Income Tax State • Drive-Thru Pharmacy

Market Context

This retail in Wauchula, FL is listed for sale. It is offered at an approximate 8.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 101 days. Compare it against other retail listings for sale in Wauchula, FL — view the full market.

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