10754 Highway 50 | Benson, NC 27504
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- LoopNet Team
10754 Highway 50
Benson, NC 27504
CVS- New 20 Year Lease - No Rent Holiday · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
- Rapidly Developing Area with New Residential Developments – Positioned immediately west Daniel Farms (189 lot residential community) and Benson Green
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- MinuteClinic and HealthHub Location – Site features CVS’s new HealthHub format offering a significantly broader range of health care services
- Excellent Exposure and Accessibility Along Area’s Main Traffic Arteries – Combined daily traffic counts exceed 18,300 vehicles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,914 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.87 AC
Zoning
COM
Parking
80 Spaces (6.19 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 13D04060 | Improvements Assessment | $2,012,320 |
| Land Assessment | $958,320 | Total Assessment | $2,970,640 |
PROPERTY TAXES
Parcel Number
13D04060
Land Assessment
$958,320
Improvements Assessment
$2,012,320
Total Assessment
$2,970,640
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