CVS | Absolute NNN Lease | 3 Year Rent Holiday
2536 US Hwy 92 Lakeland, FL
Price: $7,050,000
Status: Sold
Cap Rate: 6.25%
Year Built: 2009
NOI: $440,555
Lot Size: 1.33 acres
Price Per Foot: 590
Lease Type: Absolute (NNN) Lease
Remaining Term: 13 Years
GLA: 11945 sqft
Property Intro
Lee & Associates, in conjunction with Bang Realty-Naples, Inc (#CQ1049201), is pleased to offer for sale the opportunity to acquire the fee simple interest in a CVS Pharmacy investment property located in Lakeland, Florida. Constructed in 2009 as a build-to-suit for CVS, the Property consists of a 11,945-square-foot retail building with drive thru lane situated on a 1.33-acre parcel.