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1156 E Caswell St
Wadesboro, NC 28170
CVS · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,358 SF
Building Class
B
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.20 AC
Zoning
C
Frontage
250’ on E Caswell Stree

ABOUT 1156 E CASWELL ST , WADESBORO, NC 28170

• Recent 20 Year Extension - CVS recently extended the lease in 2018 (plus 25 years of options) displaying tenant's commitment to the location. • Minimal Landlord Responsibility – Landlord is only responsible for roof and structure. Roof replaced in November of 2017 and comes with 20-year warranty. • Top U.S. Pharmacy - The top U.S. pharmacy in 2018 by market share based on prescription drug revenue was CVS Health Corporation (24.2%), followed by Walgreens Boots Alliance (17.5%). • Nationally Recognized Investment Grade Tenant – Lease is fully guaranteed by CVS Health Corporation (S&P’s rated BBB & Moody’s rated Baa2). CVS Health is ranked #17 on the Forbes Global 2000 in 2018. • Retail Tenant Synergy - Nearby national retail tenants include McDonald’s, Burger King, Pizza Hut, Tractor Supply Co, Speedway, Family Dollar, Arby’s and Shell.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6484-14-33-1201-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,216,000
  • Listing ID: 16899339

  • Date on Market: 8/13/2019

  • Last Updated:

  • Address: 1156 E Caswell St, Wadesboro, NC 28170

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