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CVS 501 W Center St 8,050 SF Retail Building Eureka, IL 61530 $1,052,000 ($130.68/SF) 6.50% Cap Rate
Investment Highlights
- Investment-Grade BBB Credit Rated CVS Health Corporation with $96 Billion Market Cap and Fortune 500 Ranking
- Recently Extended Five-Year Lease Term Running Through January 2029 with Additional Five-Year Option Available
- NN Lease Structure with Landlord Responsible for Roof and Structure Only Providing Predictable Returns
- Established 30-Year Operating History Since 1994 with Three Successful Lease Renewals Demonstrating Commitment
- Attractive $1,052,000 Price Point Below Typical $3-5 Million CVS Investment Range with Strong Upside Potential
Executive Summary
License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661
(866) 889-0550
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
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$9.99
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Lorem Ipsum
-
Jan 0000
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 | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-12-404-012 | Improvements Assessment | $219,846 |
| Land Assessment | $83,029 | Total Assessment | $302,875 |
Property Taxes
Presented by
CVS | 501 W Center St
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