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CVS Pharmacy: The Highlands @ Thornton 13630 Quebec St 14,954 SF Retail Building Thornton, CO 80602 $10,751,036 ($718.94/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- One of Americas Most Recognized Brands
- Strong Demographics and Market
- Excellent Location and Visibility
- The Highlands @ Thornton
- S&P Rated BBB 15-Year Absolute NNN Lease
EXECUTIVE SUMMARY
The Net Lease Group is proud to exclusively offer for sale the fee simple interest in a future, under-development, 14,954 square foot freestanding CVS retail store located at 13630 Quebec St in Thornton, Colorado. The Property will be occupied by CVS Pharmacy, Inc. (the “Tenant”) and guaranteed by CVS Health Corporation (the “Guarantor” or “CVS Health”). The building will sit on a 2.07-acre parcel which will provide maximum visibility to over 20,000 cars daily. This opportunity allows prospective investors to acquire a 100% triple net (NNN) leased institutional quality asset, generating stable and predictable cash flows throughout the lease term in a growing Denver suburb.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,954 SF
Building Class
B
Year Built
2025
Price
$10,751,036
Price Per SF
$718.94
Cap Rate
5.50%
NOI
$591,307
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.23 AC
Zoning
C1 - Commercial
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1571-21-3-14-023 | Improvements Assessment | $0 |
| Land Assessment | $280,540 | Total Assessment | $280,540 |
PROPERTY TAXES
Parcel Number
1571-21-3-14-023
Land Assessment
$280,540
Improvements Assessment
$0
Total Assessment
$280,540
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CVS Pharmacy: The Highlands @ Thornton | 13630 Quebec St
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