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188 Central St
Leominster, MA 01453

CVS Pharmacy (Zero Cash Flow) · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,035 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.94 AC
Parking
47 Spaces (5.93 Spaces per 1,000 SF Leased)
Frontage
254 FT on Central

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 188 Central St , Leominster, MA 01453

Stan Johnson Company is pleased to offer for sale a zero cash flow structured CVS Pharmacy property located in Leominster, Massachusetts. The subject property is fully leased to and guaranteed by CVS Health Corporation (NYSE: CVS). The lease features a 25-year base term with 11 years remaining and 10 renewal options at 5 years each. The property is located off Central Street with a VPD of more than 21,600. It is situated less than three miles from UMASS Memorial Hospital, several clinics and the Mall at Whitney Field, a 727,000 SF regional shopping destination anchored by Macy's, Sears, JCPenney, Toys R Us, and Burlington, as well as more than 60 specialty stores. In Association With: Joseph P. Odom, MA Lic #151215

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LEOM-000102-000002
Land Assessment
$582,200
Improvements Assessment
$1,158,300
Total Assessment
$1,740,500
  • Listing ID: 5712502

  • Date on Market: 2/1/2017

  • Last Updated:

  • Address: 188 Central St, Leominster, MA 01453

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