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21975 Hwy 59 S
Robertsdale, AL 36567

Cvs/pharmacy · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,824 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.09 AC
Zoning
N/Av, Robertsdale
Parking
35 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
131 FT on Al-104 Hwy

Amenities

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

About 21975 Hwy 59 S , Robertsdale, AL 36567

- Absolute NNN Lease – The tenant is fully responsible for operating expenses, maintenance, and repairs for the entire building and site, without limitation. - Prototype Store Format – Prototype 12,296 SF CVS format with a drive-thru. Located on a signalized intersection with over 39,000 VPD. - Top U.S. Pharmacy – The top U.S. pharmacy in 2018 by market share based on prescription drug revenue was CVS Health Corporation (24.2%) followed by Walgreens Boots Alliance (17.5%). - CVS Market Share – Next nearest CVS is over 11 miles away. - Nationally Recognized Investment Grade Tenant – Lease is fully guaranteed by CVS Health Corporation (S&P’s rated BBB & Moody’s rated Baa2). CVS Health is ranked #17 on the Forbes Global 2000 in 2018. - Retail Tenant Synergy – Nearby national retail tenants include McDonald’s, AutoZone, Wendy’s, Chevron, Arby’s, Burger King, Dollar General, Dollar Tree, Sonic and more. - Strategic Location – Ideally positioned down the street from Robertsdale High school, which is occupied by approximately 1,400 students and staff.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-03-07-2-000-001.000
Land Assessment
$140,040
Improvements Assessment
$340,020
Total Assessment
$480,060
  • Listing ID: 17542342

  • Date on Market: 10/24/2019

  • Last Updated:

  • Address: 21975 Hwy 59 S, Robertsdale, AL 36567

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