CVS Pharmacy — Sale in Benson, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Benson, NC 27504

Photos

CVS Pharmacy — Sale in Benson, NC, photo 1 of 3
CVS Pharmacy — Sale in Benson, NC, photo 2 of 3
CVS Pharmacy — Sale in Benson, NC, photo 3 of 3

Investment Figures

Cap rate
5.75%

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 please to evaluated a single tenant CVS Pharmacy located in Benson NC, 20 miles south of Raleigh along I40. The lease is guaranteed by CVS Heath Corporation and has 14 years remaining on term with eight 5-year options. The property consists of 2.87 acres and a 15,582 square foot building constructed in 2005. Ranked top 16% of CVS in North Carolina. Benson is located in the Raleigh/Cary MSA approximately 22 miles south of Raleigh. CVS is strategically positioned at 13440 NC Highway 210 in the McGee's Crossroads area of greater Benson. The property occupies a highly visible location at or immediately adjacent to the signalized intersection of NC Highway 210 and NC Highway 50, one of the principal commercial and commuter intersections serving southern Johnston County and northern Harnett County. The property bene?ts from proximity to Interstate 40 Exit 319, providing convenient regional access and exposure to traf?c traveling between the Raleigh metropolitan area, Benson, Angier and surrounding communities. Investment Highlights: • Absolute NNN with No Landlord responsibility • Corporate Guarantee • Long Term Lease with 14 Years Remaining on Term • Drive Thru Pharmacy - Easy Convenience for Customers • On Signalized Corner - High Visibility • Located in Raleigh MSA • Population Growth Estimated 2020-2030 22.7% • Five Mile Average Household Income of $117,410

Market Context

This retail in Benson, NC is listed for sale. It is offered at an approximate 5.8% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Benson, NC — view the full market.

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