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CVS Pharmacy 2000 S Naperville Rd 13,273 SF Retail Building Wheaton, IL 60189 For Sale

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EXECUTIVE SUMMARY

Rare opportunity to acquire newer CVS Zero Cash Flow Properties from recent CVS sale-leaseback portfolio.
Long-Term Leases: Newer 25-year leases
Absolute NNN: Absolutely no landlord responsibilities
Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 3.901% interest rate.
Perfect 1031 Exchange Asset: The ZCF structure and paydown readvance allow for the perfect 1031 up-leg as it allows owners to withdraw equity and sit on the sidelines rather than acquiring other assets with aggressive cap rates.
Paydown/Readvance: Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt.
Also available as a Free-and-Clear Investment — contact us for more information.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,273 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.69 AC
Zoning
CO - Commercial
Parking
35 Spaces (2.64 Spaces per 1,000 SF Leased)
Frontage
124’ on S Naperville Rd

AMENITIES

  • Signage
  • Signalized Intersection
  • Drive Thru
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Club Pilates
Cyclebar
Stretchlab
Jenny Craig
Starbucks
PNC Bank
Chili's Grill & Bar
Five Guys
Noodles & Company
Poke Bros.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-28-304-051
Land Assessment
$338,490
Improvements Assessment
$273,400
Total Assessment
$611,890
  • Listing ID: 25256720

  • Date on Market: 3/15/2022

  • Last Updated:

  • Address: 2000 S Naperville Rd, Wheaton, IL 60189

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