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CVS & Sakonnet River Grille 500 Main Rd 17,950 SF 100% Leased Retail Building Tiverton, RI 02878 $8,520,456 ($474.68/SF) 7% Cap Rate



Investment Highlights
- Long-Term Leases
- Net Leases
- Prime Retail Location
- Scheduled Rent Increases
- Investment Grade Anchor
- Strong Demographics
Executive Summary
Property Facts
Amenities
- Bus Line
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jan 2040
CVS Pharmacy began as a single store in Lowell, Massachusetts in 1963 and grew into a retail pharmacy business within CVS Health. The company dispenses prescriptions and supports patient care through vaccinations, counseling, prescription savings, mail order pharmacy, specialty pharmacy, and prescription delivery, while also selling health and wellness products and general merchandise. CVS Pharmacy remains a major U.S. pharmacy chain with a broad neighborhood presence and is part of a larger health care platform that connects retail pharmacy, pharmacy benefits, and related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | Jan 2040 |
Property Taxes
| Parcel Number | TIVE-000112-000000-000396 | Improvements Assessment | $2,949,600 |
| Land Assessment | $1,002,000 | Total Assessment | $3,951,600 |
Property Taxes
Presented by
CVS & Sakonnet River Grille | 500 Main Rd
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