CVS Zero Cash Flow Sale-Leaseback Portfolio for 1031X Buyers

18 CVS Properties Still Available

Exceptional Opportunity Rare opportunity to acquire brand new CVS Zero Cash Flow Properties from the most recent CVS sale-leaseback portfolio. Eighteen stores are still available.

Zero Cash Flow Financing Assumable self-amortizing financing with below-market fixed 3.901% interest rate. Perfect 1031 Exchange Asset The ZCF structure and paydown readvance allow for the perfect 1031 up-leg as it allows owners to withdraw equity and sit on the sidelines rather than acquiring other assets with aggressive cap rates. Paydown/Readvance Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt. Strong Demographics High population and income demographics throughout entire portfolio. Absolute NNN Absolutely no landord responsibilities. Long-Term Leases New 25-year leases which all expire January 3, 2043. New Builds The portfolio was built in 2016 and 2017. Portfolio or Individual The properties are being offered as a portfolio or individually.

Are you in a 1031 Exchange?

Example A: Your property is selling for $6,024,595 with no existing debt. Buy CVS Pharmacy and instruct the lender to take the existing loan off at closing. Close for $6,024,595 all cash. After closing, instruct the lender to put the $4,634,304 loan back on the property and wire you $4,634,304. Result: No taxes paid/trade completion; $4,634,304 cash in hand; own a high-profile CVS Pharmacy with a 25-year lease, free and clear at lease end.

Example B: Your property is selling for $6,024,595 with an existing debt of $3,000,000. Buy CVS Pharmacy and instruct the lender to pay down the loan at closing to $3,000,000. Close with your equity of $3,024,595. After closing, instruct the lender to increase the loan to $4,634,304 loan and wire you $1,634,304. Result: No taxes paid/trade completion; $1,634,304 cash in hand.

For More Information Contact

Michael Salafia

michael.salafia@marcusmillichap.com

(786) 522-7134

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