CVS Tampa, FL

Property Price: $3,121,000
Property Status: Available
Property Type: Retail
Cap Rate: 7.00%
Lease Type: Leasehold
Tenant Type: Single Tenant
NOI: $218,478
Building Size: 13,013 sf
Land Area: 1.47 Acres
Remaining Term: 16
Expenses: NNN

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Landes Fairmount is pleased to offer for sale this CVS leasehold interest
located at the northeast corner of Pine Crest Manor Bvld. and N. Dale
Mabry Highway in the Tampa, FL. The existing 13,013 square foot
freestanding single-tenant building is leased to CVS Pharmacy Inc. on
a corporate guaranteed long-term twenty-five (25) year Absolute NNN
Leasehold Interest with sixteen (16) years remaining on the initial lease.
CVS has six (6) renewal options after the initial lease period.

Landes Fairmount is pleased to offer for sale this CVS leasehold interest
located at the northeast corner of Pine Crest Manor Bvld. and N. Dale
Mabry Highway in the Tampa, FL. The existing 13,013 square foot
freestanding single-tenant building is leased to CVS Pharmacy Inc. on
a corporate guaranteed long-term twenty-five (25) year Absolute NNN
Leasehold Interest with sixteen (16) years remaining on the initial lease.
CVS has six (6) renewal options after the initial lease period.

Investment Highlights: 13,013 SF Absolute NNN Leasehold.
Corporate Guaranteed CVS Pharmacy Inc (NYSE: CVS; S&P BBB+
Stable) with 25 year initial term. CVS Caremark is the second Largest
Pharmacy Health Care Provider in the US. CVS Pharmacy has filled or
managed 1.7 billion prescriptions annually since 2008.

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Agent Contact Information

Justin Grissen
Managing Director

jgrissen@landesfairmount.com
214-572-2020

Austin Landes
Investment Advisor

alandes@landesfairmount.com
214-572-2024

Caleb Landes
Investment Advisor

clandes@landesfairmount.com
214-572-2016

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