Absolute NNN CVS

120 W Van Fleet Dr, Bartow, FL 33830, USA
$7,408,695

Description

Marcus & Millichap is pleased to present for sale this 14,210 square foot freestanding CVS in Bartow, Florida. This CVS has more than five years remaining on the base term of its Absolute
NNN Lease. Bartow is Polk County’s second oldest city and the county seat of Polk County Florida. Located only 41 miles East of Tampa and 75 miles from Orlando. This CVS is located only
minutes from the Polk County History Center and Historic LB Brown House, which draw thousands of visitors each year.
Located on a corner of the signalized intersection of N Broadway Avenue and W Van Fleet Drive, this location boasts traffic counts in excess of 80,500 Vehicles Per Day. This prime property is
situated on a large 1.75 acre lot adjacent to a Car Wash and across the street from a Publix, Any Time Fitness, 7-Eleven & Shell Gas Station. National retailers in the immediate area include Wallmart, Lowe’s, Starbucks, Burger King, BB&T Bank, Walgreens, Subway, Tractor Supply Company, Taco Bell, Wendy’s, Dunkin’ Donuts, Waffle House, Race Trac, Hampton Inn, Holiday
Inn Express, Sunoco, UPS, Little Ceasar’s, Pizza Hut, Domino’s and McDonald’s among many others.
CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards, and convenience foods through their CVS Pharmacy and Longs Drugs retail stores and online through CVS.com. It also provides healthcare services through
its more than 1,100 MinuteClinic medical clinics as well as their Diabetes Care Centers. Most of these clinics are located within CVS stores.

  • Investment Grade Credit | Lease Guaranteed by CVS Health Corp
  • Combined Daily Traffic Count: 80,500
  • Proximity to national tenants such as; 7 Eleven, Shell, Burger King, Wallmart, Walgreens, TSC, Taco Bell, McDonalds, and many others
  • Located at a Signalized Hard Corner Intersection
  • Drive Thru Pharmacy

Property Documents

  • City: Bartow
  • State/county: Florida
  • Zip/Postal Code: 33830
  • Country: United States

Detail

  • Price: $7,408,695
  • Year Built: 2005

Additional details

  • CAP Rate: 5.75%
  • NOI: $426,200

Features