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CVS 202 Grayson Hwy 10,493 SF Retail Building Lawrenceville, GA 30046 $3,089,000 ($294.39/SF) 6.35% Cap Rate



INVESTMENT HIGHLIGHTS
- Fundamentally located on the hard corner of a 4-way signalized intersection
- Flat topography with strong visibility in all directions
- Corporately guaranteed with investment grade bond rating of ‘BBB’ (Standard & Poor’s)
- Highly trafficked intersection with ±32,100 VPD along Clayton St and ±24,100 VPD along Hwy 124
- CVS is the largest drugstore chain in US by revenue
- CVS Health is ranked #10 on Fortune 500 list
EXECUTIVE SUMMARY
Bill Pedersen
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,493 SF
Building Class
B
Year Built
1998
Price
$3,089,000
Price Per SF
$294.39
Cap Rate
6.35%
NOI
$196,152
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.26 AC
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 5-147-224 | Improvements Assessment | $335,080 |
| Land Assessment | $464,480 | Total Assessment | $799,560 |
PROPERTY TAXES
Parcel Number
5-147-224
Land Assessment
$464,480
Improvements Assessment
$335,080
Total Assessment
$799,560
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CVS | 202 Grayson Hwy
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