CVS Pharmacy | 1655 W Kimberly Rd
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CVS Pharmacy 1655 W Kimberly Rd
17,200 SF Retail Building Davenport, IA 52806 $3,831,440 ($223/SF) 5% Cap Rate
Investment Highlights
- Long Term 16.75 Year Lease backed by CVS Health Corp
- CVS is Ranked #11 on Fortune 500 List with Over $300 Billion in Revenue
- Strong Residential Infill Demos: Population Exceeds 129,128+ in 5 Miles
- Investment Credit Guarantee Rated | S&P "BBB+"
- Drive Thru Equipped Site Located at Main on Main Signalized Intersection
- Close Proximity to Genesis Medical Center (550 Bed RegionalHospital) & Select Medical Hospital (50 Bed Acute Care facility)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,200 SF
Building Class
B
Year Built
1988
Price
$3,831,440
Price Per SF
$223
Cap Rate
5%
NOI
$191,572
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.61 AC
Zoning
Commercial
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | M1511-03B | Improvements Assessment | $1,874,620 |
Land Assessment | $717,380 | Total Assessment | $2,592,000 |
PROPERTY TAXES
Parcel Number
M1511-03B
Land Assessment
$717,380
Improvements Assessment
$1,874,620
Total Assessment
$2,592,000
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CVS Pharmacy | 1655 W Kimberly Rd
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