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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
Broker of Record
Maxx Bauman
License No. 451849 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Maxx Bauman
License No. 451849 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
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
$196,121
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.26 AC
Zoning
BG
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
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
Contacts
-
Jared Kaye -
Sonny Molloy -
Grant Morgan -
Matthews Real Estate Investment Services
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
CVS | 202 Grayson Hwy
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