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- LoopNet Team
101 W Showalter Dr
Georgetown, KY 40324
Retail Property For Sale

PROPERTY FACTS
- Freestanding
- General Retail Drugstore
ABOUT 101 W SHOWALTER DR , GEORGETOWN, KY 40324
CVS PHARMACY Single Tenant Absolute Triple Net Lease Corporate Lease Guaranty * Price - $2,700,000 (5.0 CAP Rate) * Location - 101 West Showalter Drive Georgetown, Kentucky 40324 * Land Area - 1.209 Acres (52,664 square feet approximately) * Improvements - An approximate 10,125 square foot CVS Pharmacy with drive-thru window at signalized corner location. * Rent - $135,000 Annually ($11,250 monthly) * Lease - Absolute Triple Net Lease extended through January 31, 2039 with tenant responsible for payment of all expenses. * Lease Options - Five (5) year options to extend lease with fixed 5% rent increase for each option period. * Tenant - Lease Guaranty with CVS Health Corporation, who operates more than 9,500 drug stores. * Highlights - Pharmacy is open 24 hours seven days a week. Location also features a CVS Minute Clinic. * Low price point with very reasonable rent for corporate CVS
PROPERTY TAXES
| Parcel Number | 168-10-298.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,200,000 |
PROPERTY TAXES
Listing ID: 14896525
Date on Market: 1/17/2019
Last Updated:
Address: 101 W Showalter Dr, Georgetown, KY 40324
The Retail Property at 101 W Showalter Dr, Georgetown, KY 40324 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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