420 W Main St | Murfreesboro, NC 27855
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- LoopNet Team
420 W Main St
Murfreesboro, NC 27855
CVS · Retail Property For Sale
Investment Highlights
- Bonded CVS Lease - Zero Landlord Responsibilities -The Most Secure Lease Ownership Position Possible
- The Base Rent for the Initial Term of the Lease is $8.45 PSF which is Substantially Lower than Like-kind CVS Locations | Priced Below Replacement Cost
- NO RENT HOLIDAY
- Lease is Corporately Guaranteed by CVS, Largest Pharmacy Chain in the U.S | S&P “BBB"
- (10), 5-Year Options - Rare 58% Rent Increase in Option 1
- Dominant Market Share | The Subject Property Serves as the Only Major Drug Store in Town | Nearest CVS is 30 Miles Away
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,064 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.61 AC
Zoning
C
Parking
44 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
290 FT on West Main Street
PROPERTY TAXES
| Parcel Number | 5958-65-8416 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,144,353 |
PROPERTY TAXES
Parcel Number
5958-65-8416
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,144,353
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