CVS Fort Wayne

Investment Highlights

  • New 20 Year Lease Extension
  • Investment Grade Credit Tenant
  • Baa1 Credit Rating
  • Corporate Lease Guaranty
  • Established Location
  • 20 Year Historical Occupancy
  • Low Rent per Square Foot
  • Property Includes Drive Through
  • Hard Corner Location
  • Multiple Points of Ingress/Egress
  • Infill Location
  • High Barriers to Entry
  • No Open Corner Locations in Market
  • 133,000+ People within 5 Miles
  • Strong Traffic Counts
  • 26,000+ Cars/Day

Offering Summary

  • Price: $3,000,000
  • CAP Rate: 5.93%
  • Lease Expiration: 2038
  • Pice/SF: $174.78
  • Site Area: 1.55 Acres

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