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1063 C St
Galt, CA 95632
CVS Pharmacy - Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Absolute NNN lease with no landlord maintenance obligations, no rent holiday, and solid fundamentals with relatively low rent ($10.35/SF/YR)
- Established CVS Pharmacy operation with liquor sales since 1999
- High growth, affluent trade area with numerous new residential communities recently built and currently under construction
- Favorable 10-year option periods with 5% rent increases in the first and third options
- Large 2.89-acre lot strategically situated within Galt Plaza with over 12,400 VPD passing on C street and adjacent to HWY 99 (78,000 VPD)
- Excellent demographics with an average household income over $115,600 and over 30,000 people within 3 miles of the property
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
31,456 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
2.89 AC
Zoning
C - Commercial
Parking
120 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
206’ on C St
Amenities
- Pylon Sign
- Signage
- Skylights
- Drive Thru
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 150-0530-005 | Improvements Assessment | $3,090,632 |
| Land Assessment | $1,545,311 | Total Assessment | $4,635,943 |
Property Taxes
Parcel Number
150-0530-005
Land Assessment
$1,545,311
Improvements Assessment
$3,090,632
Total Assessment
$4,635,943
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