259 W Main St | Batavia, NY 14020
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- LoopNet Team
259 W Main St
Batavia, NY 14020
CVS - No Rent Holiday - Absolute NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Rare CVS with No Rent Holiday and No Declining Rent in Options
- 9 Years Remaining in Primary Term – Six 5-Year Option Periods - 5% Increases Every Option
- Long Term Occupancy – Occupied this Location Since 2007 - Corporate Guaranty
- Absolute NNN Lease - Zero Landlord Responsibilities
- CVS Pharmacy (NYSE: CVS) – Investment Grade Credit Tenant - Rated “BBB” by S&P’s
- Positioned on Hard Corner Signalized Intersection - W Main St (33,400 VPD) & S Lyon St
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,978 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.40 AC
Zoning
C - Commercial
Parking
40 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
244’ on Main St
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 180200-084-010-0002-013-000 | Improvements Assessment | $1,597,000 |
| Land Assessment | $135,000 | Total Assessment | $1,732,000 |
PROPERTY TAXES
Parcel Number
180200-084-010-0002-013-000
Land Assessment
$135,000
Improvements Assessment
$1,597,000
Total Assessment
$1,732,000
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