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CVS 7431 Atlantic Blvd

15,507 SF Retail Building Jacksonville, FL 32211 $3,844,356 ($248/SF) 6.75% Cap Rate

Investment Highlights

  • Absolute NNN Lease Structure with Zero (0) Landlord Responsibilities
  • Great Visibility from Atlantic Blvd - 50,000+ Vehicles Pass Site Daily
  • Essential Retailer - Pandemic and Recession Resistant Tenancy
  • Florida is an Income Tax Free State
  • Located in a Dense Retail Corridor Surrounded by Several National Tenants

Executive Summary

For Sale:
Single Tenant Freestanding CVS in Jacksonville, FL

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,507 SF
Building Class
B
Year Built
2002
Price
$3,844,356
Price Per SF
$248
Cap Rate
6.75%
NOI
$259,494
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.38 AC
Zoning
CN - Commercial
Parking
63 Spaces (5.72 Spaces per 1,000 SF Leased)
Frontage
222 FT on Arlington Rd

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000

Nearby Major Retailers

VyStar Credit Union
Checkers
Harveys Supermarket
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
145054-0000
Land Assessment
$1,199,680
Improvements Assessment
$1,975,620
Total Assessment
$3,175,300
  • Listing ID: 33203274

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 7431 Atlantic Blvd, Jacksonville, FL 32211

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