Commercial & Business Division
CVS - NNN - Tamarac, FL
Price: Property Type: Occupancy: CAP: Rentable Area: Lot: Annual Rent: Year Built: Annual Expenses: Term: Renewal: Increases: Guarantor: Extra: Location:
$7,800,000 Free Standing (1 Tenant) 100% 5.5% 14,768SF = 1,371m2 1.25AC = 5,058m2 $429,429 / year 2004 0 (Zero) NNN – Tenant Responsible for all expenses including Taxes and Insurance 10 Years contract remaining (Original contract 20 years) 4 – 5 years options 10% in every option Corporate Guarantee – CVS LLC (More than 7,600 locations) CVS is an outparcel to the 79,998SF University Commons neighborhood Shopping Center. Exceptionally well positioned on a hard corner at the signalized intersection of University Drive the major retail artery in the trade area. There are 53,000 VPD on University Drive and 43,000 VPD on McNab Road.
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice.