CVS Pharmacy | 2605 W March Ln
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CVS Pharmacy 2605 W March Ln
10,800 SF Retail Building Stockton, CA 95207 $11,000,000 ($1,019/SF) 5.52% Cap Rate
Investment Highlights
- 99th Percentile of all CVS Pharmacies
- 287K Individuals Within 5-Mile Radius
- 12+ Years Remaining on Lease
Executive Summary
NNN Pro is pleased to present the exclusive listing for a CVS Pharmacy located at 2605 West March Lane, Stockton, California 95207. The site consists of roughly 10800 rentable square feet of building space on an estimated 2.15-acre parcel of land. This CVS Pharmacy is subject to a 25-year Triple Net (NNN) lease, which commenced 12/21/2011. The current annual rent is $607,407 and has scheduled increases of None, Flat Through January 2034.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,800 SF
Building Class
B
Year Built/Renovated
1979/1999
Price
$11,000,000
Price Per SF
$1,019
Cap Rate
5.52%
NOI
$607,407
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
2.15 AC
Frontage
340 FT on W March Ln
Bike Score ®
Very Bikeable (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 112-210-08 | Improvements Assessment | $2,655,993 |
Land Assessment | $2,173,086 | Total Assessment | $4,829,079 |
PROPERTY TAXES
Parcel Number
112-210-08
Land Assessment
$2,173,086
Improvements Assessment
$2,655,993
Total Assessment
$4,829,079
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CVS Pharmacy | 2605 W March Ln
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