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- LoopNet Team
5712 Castle Hayne Rd
Castle Hayne, NC 28429
Absolute NNN CVS Pharmacy w/ Drive-Thru · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
ABOUT 5712 CASTLE HAYNE RD , CASTLE HAYNE, NC 28429
The subject property is an 8,450 square foot CVS located in Castle Hayne, North Carolina. CVS signed a 25 year lease which commenced in 2007, leaving approximately 13 years remaining on the tenant's initial lease term. The lease is absolute net providing for zero landlord responsibilities. CVS, which is publicly traded on the New York Stock Exchange under the ticker symbol “CVS”, has a current BBB+ credit rating by Standard & Poor’s and reported annual revenues in excess of $184 billion in 2017. Located at the intersection of Castle Hayne Road and Holly Shelter Road, the subject property features excellent exposure along the area’s main traffic corridor with daily traffic counts in excess of 19,500 vehicles. National retailers in the immediate area include Fresh Foods IGA, Hardee’s, Dollar General, Circle K, BB&T Bank and many more. The site features a drive-thru and access points via Castle Hayne Road and Blossom Street.
PROPERTY TAXES
| Parcel Number | R01113-005-005-000 | Improvements Assessment | $3,945,200 |
| Land Assessment | $428,800 | Total Assessment | $4,374,000 |
PROPERTY TAXES
