840 W Market St | Johnson City, TN 37604
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- LoopNet Team
840 W Market St
Johnson City, TN 37604
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Tenant Signed a 15-Year Lease Extension in 2019 | Strong Commitment to Site
- Strong Corporate Guaranty From CVS Health Corp. | S&P: BBB
- Below Market Rent | Tenant is Only Paying Less Than $14 Per Square Foot
- Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
- Signalized Hard Corner Location With Two Points of Ingress/Egress | 25,000+ Vehicles Per Day (VPD)
- Attractive Market Fundamentals | 10-Mile Population: 152,000+ | 4.2% Increase Since 2010
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.82 AC
Zoning
C08
Parking
45 Spaces (4.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 046O-D-007.00 | Improvements Assessment | $368,120 |
| Land Assessment | $177,200 | Total Assessment | $545,320 |
PROPERTY TAXES
Parcel Number
046O-D-007.00
Land Assessment
$177,200
Improvements Assessment
$368,120
Total Assessment
$545,320
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