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CVS 111 E 8th St 10,940 SF Retail Building Tifton, GA 31794 $1,769,230 ($161.72/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- New 10-year lease extension (signed September 2025) demonstrates commitment
- Successful operating history since 2004
- Signalized intersection along West 8th Street & minutes from Interstate 75 (62,000 VPD)
- Low rent for a national pharmacy location - $115,000
- NNN – no landlord responsibilities
- Proximity to Tift Regional Medical Center (181 beds) and Tift County High School (2,200 students)
EXECUTIVE SUMMARY
The 10,940-square-foot building is located at a signalized intersection along West 8th Street which leads directly to Interstate 75 (62,000 vehicles per day). The property bene?ts from its proximity to Tift Regional Medical Center (181 beds) and Tift County High School (2,200 students), two major traf?c draws to the area. Other nearby tenants include Walmart Neighborhood Market, Family Dollar, Domino’s Pizza, DaVita, and several others. There are over 31,000 people living within a ?ve-mile radius, those of which earn an average household income of $75,000.
CVS Health Corporation, founded in 1963 as Consumer Value Stores and headquartered in Woonsocket, Rhode Island, is a leading health solutions company in the United States, operating over 9,000 retail pharmacies, more than 1,000 MinuteClinic locations, and comprehensive health insurance through Aetna, acquired in 2018. With a mission to enhance healthcare access, lower costs, and provide personalized care, CVS Health serves approximately 27.1 million medical members and processes over 464 million pharmacy claims annually through its CVS Caremark pharmacy bene?t manager.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Oct 2035
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Oct 2035 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $466,651 | |
| Land Assessment | $71,000 | Total Assessment | $537,651 |
PROPERTY TAXES
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CVS | 111 E 8th St
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