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CVS - Jacksonville (Yulee) FL 100 Crosstown Blvd 15,523 SF Retail Building Yulee, FL 32097 $10,746,000 ($692.26/SF) 5.50% Cap Rate
Investment Highlights
- Brand New 20-Year Lease | Established Brand | Options to Extend |2026 Construction | Drive-Thru Equipped
- Hard Corner Intersection | Wildlight Community | Crossings At Wildlight | Surrounding Retailers
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area | Affluent Incomes
Executive Summary
• CVS recently executed a brand-new 20-year lease, with 6 (5-year) renewal options, demonstrating their long-term commitment to the site
• The lease features 10% rental increases at the beginning of each option period
• CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America’s leading retail pharmacy with 9,000 retail locations, more than 1,000 walk-in and primary care medical clinics
• 2026 construction will feature CVS’s latest prototype with modern finishes and an optimized drive-thru layout
• The lease features 10% rental increases at the beginning of each option period
• CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America’s leading retail pharmacy with 9,000 retail locations, more than 1,000 walk-in and primary care medical clinics
• 2026 construction will feature CVS’s latest prototype with modern finishes and an optimized drive-thru layout
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,523 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$10,746,000
Price Per SF
$692.26
Cap Rate
5.50%
NOI
$591,051
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
10.55 AC
Parking
45 Spaces
Amenities
- Corner Lot
- Pylon Sign
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 44-2N-27-0000-0002-0030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,077,125 |
Property Taxes
Parcel Number
44-2N-27-0000-0002-0030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,077,125
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CVS - Jacksonville (Yulee) FL | 100 Crosstown Blvd
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