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470 S Torrence Ave
Calumet City, IL 60409
CVS Pharmacy · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
12,442 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.63
Lot Size
0.46 AC
Frontage
107’ on Torrence Ave

ABOUT 470 S TORRENCE AVE , CALUMET CITY, IL 60409

Stan Johnson Company is pleased to offer for sale to qualified investors a CVS Pharmacy located in Calumet City, Illinois. The subject property is fully leased to and guaranteed by CVS Health Corporation (NYSE: CVS). The lease features a 25-year base term with 12 years remaining and 10 renewal options at 5 years each. For the twelve month period ended June 30, 2016, CVS Health Corporation reported total revenue of $166.7 billion, net income of $4.8 billion and a net worth in excess of $34.7 billion. CVS currently holds a Standard & Poor' s credit rating of BBB+/Stable. The property sits near a signalized intersection with combined VPD of more than 52,700. Surrounding retailers include Advance Auto, Walgreens, Subway, Family Dollar, Aaron' s and more, with multiple schools, parks and medical related facilities within the surrounding two-mile radius. In Association With: Brad Feller IL Lic #471007951

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-12-231-032-0000
  • 29-12-231-028-0000
  • 29-12-231-038-0000
  • 29-12-231-031-0000
  • 29-12-231-030-0000
  • 29-12-231-033-0000
  • 29-12-231-026-0000
  • 29-12-231-025-0000
  • 29-12-231-027-0000
  • 29-12-231-029-0000
Land Assessment
$33,790
Improvements Assessment
$40,659
Total Assessment
$74,449
  • Listing ID: 3739526

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 470 S Torrence Ave, Calumet City, IL 60409

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