We all know CVS is in high demand with limited inventory available on the market. However, we were able to secure this listing at a 6.2% asking cap rate. Please take a look at the attached OM and let me know if it’s of interest.
CVS PHARMACY 101 S RIDGEWOOD AVE DAYTONA BEACH, FL 32114
Investment Snapshot
- Price $4,888,916
- Net Operating Income $303,133
- Capitalization Rate 6.20%
- Lease Term Remaining 2.7 Years
- Options Four Five-Year Options (3 Remain)
To Submit An Offer Please Contact
Michael Salafia
Net Lease Investment Advisor at Marcus & Millichap
Office: (786) 522-7134
michael.salafia@marcusmillichap.com
5201 Blue Lagoon Drive, Suite 100, Miami, FL
License: FL: SL-3462183
michael.salafia@marcusmillichap.com
5201 Blue Lagoon Drive, Suite 100, Miami, FL
License: FL: SL-3462183
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