4890 Tamiami Trl E
Naples, FL 34112
CVS--Naples FL · Retail Property For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a CVS located in Naples, FL. CVS offers a triple net (NNN) lease with approximately six years remaining on the base term and four, five-year renewal options with $0.50 PSF rental increases every 5 years in option periods. The subject property consists of a 13,824-square foot free-standing building, situated on a 1.75-acre parcel. CVS Health Corporation (NYSE: CVS) is currently the largest pharmacy chain in the United States with over 9,900+ locations and revenue of approximately $184.8 Billion. In 2016, it ranked as the 7th largest U.S. Corporation according to Fortune 500. CVS is ideally situated with excellent access and visibility off of Tamiami Trail and Thomasson Drive with Combined Traffic Counts of 60,000 Vehicles per day. Surrounding national retailers include Walmart Supercenter, Publix, Dollar General, Bealls, Save-A-Lot, Sprint, GNC, Ace Hardware, Rent-A-Center, Perkins, Taco Bell, McDonalds, Burger King, Wells Fargo, Bank of America and many more. Naples is located 110 miles west of Ft. Lauderdale on the Gulf of Mexico. Millions of tourists stay in Naples, Marco Island, the Everglades with an economic impact in the billions of dollars. Visitors travel to the area for its world-class fishing, top-notch dining an active arts and cultural scene, beautiful hotels and resorts, and culinary delights. Retail trades remain the largest contributor of jobs in the region.