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CVS 101 N Charles G Seivers Blvd

10,125 SF Retail Building Clinton, TN 37716 $2,380,952 ($235/SF) 6.30% Cap Rate

Drug Stores Tennessee Clinton 101 N Charles G Seivers Blvd, Clinton, TN 37716

Investment Highlights

  • Hard Corner Locale at Signalized Intersection along Clinton’s Primary retail corridor
  • All-brick, 10,125 sq ft building with Pharmacy Drive-Thru
  • Located 19.5 miles/ 28 mins from the University of Tennessee Knoxville
  • Fresh 10-Yr lease extension with CVS Health Corporate guaranty
  • Located in the Knoxville MSA, projected population growth to reach 1M in 2028
  • 23,094 ADT along N. Charles G. Seivers Boulevard

Executive Summary

Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
2000
Price
$2,380,952
Price Per SF
$235
Cap Rate
6.30%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.09 AC
Zoning
08 - Commercial - Commercial (NEC)
Parking
25 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
132 FT on Broad St

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Links

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Nearby Major Retailers

Regions Bank
Ingles
Food City (k-va-t)

PROPERTY TAXES

Parcel Number 074J-B-028.01 Improvements Assessment $282,160
Land Assessment $293,640 Total Assessment $575,800

PROPERTY TAXES

Parcel Number
074J-B-028.01
Land Assessment
$293,640
Improvements Assessment
$282,160
Total Assessment
$575,800
(404) 868-4892

Contacts

  • Listing ID: 33209647

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 101 N Charles G Seivers Blvd, Clinton, TN 37716

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CVS | 101 N Charles G Seivers Blvd
(404) 868-4892 x

CVS | 101 N Charles G Seivers Blvd

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Sonny Molloy

(404) 868-4892

(404) 868-4892

Jared Kaye

(678) 808-2821

(678) 808-2821

Grant Morgan

(205) 610-8670

(205) 610-8670

Bennett Holman

(470) 826-1718

(470) 826-1718

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