10825 Kinsman Rd
Cleveland, OH 44104
CVS Pharmacy · Retail Property For Sale

Stan Johnson Company is pleased to offer for sale to qualified investors an attractive and unique retail property 100% leased to CVS Pharmacy located in Cleveland, OH. CVS Pharmacy has been operating at this location since 1997 and has two remaining options with rental increases. This specific property shares a parking lot with Aldi, Fifth Third Bank and Metro PCS. In 2014, this location underwent several upgrades at Tenant' s expense. For over 50 years CVS Pharmacy has served millions of customers products and services geared towards a healthy lifestyle. CVS Pharmacy has more than 9,700 retail drug stores in 49 states, the District of Columbia, Puerto Rico and Brazil and is currently located in 98 of the top 100 drugstore markets. CVS currently holds a Standard & Poor' s credit rating of BBB+/Stable. Cleveland is a major city in Ohio located in the county seat of Cuyahoga County, the state' s most populous county. Cleveland is centrally located in the most populated region in the US and is within a day' s drive of 60% of all U.S. Fortune 500 headquarters and provides quick market access to Canada. Cleveland is the 48th largest city in the United States, and the second-largest city in Ohio after Columbus. Greater Cleveland ranked as the 31st largest metropolitan area in the United States, and second largest in Ohio with 2,060,810 people in 2015. The city is located on the southern shore of Lake Erie, approximately 60 miles west of the Pennsylvania border. Cleveland' s location on the Cuyahoga River and Lake Erie has been key to its growth. The Ohio and Erie Canal coupled with rail links helped establish the city as an important business center. University Circle City Center District (+/- 3 miles from the Property) is planning a $280 million mixed use, neighborhood district that will encompass two city blocks. The District will include approximately 550 residential units and 12 Parkside homes. The District will also include up to 100,000 SF of walkable street-level retail.