6 W May St | Winder, GA 30680
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- LoopNet Team
6 W May St
Winder, GA 30680
CVS Atlanta MSA 20Yrs $3.2M Abs Net Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Income guaranteed by CVS Corporate investment grade credit rating of BBB (S&P), Top 10 Fortune 500 Company with ±9,840 locations.
- ABSOLUTE NET LEASE WITH NO LANDLORD RESPONSIBILITIES - This CVS operates on an absolute net lease with no landlord responsibilities.
- ONE OF ONLY TWO DRUGSTORES IN A 7-MI RADIUS - This is the only CVS in Winder and one of only two freestanding drugstores in a 7-mi radius.
- BRAND NEW 20 YEAR LEASE - CVS has agreed to a brand new 20 lease showing commitment to this location that will be effective at close of escrow.
- 5% RENTAL INCREASES IN THE OPTIONS - The new lease allows for rental increases of 5% during the 5 (5-year) options.
- STRATEGIC LOCATION ACROSS WALGREENS - Located across the street from Walgreens making this a strategic location for both CVS and Walgreens.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,125 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.34 AC
Zoning
002 - Commercial
Parking
40 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Drive Thru
PROPERTY TAXES
| Parcel Number | WN12-146 | Improvements Assessment | $295,860 |
| Land Assessment | $163,800 | Total Assessment | $459,660 |
PROPERTY TAXES
Parcel Number
WN12-146
Land Assessment
$163,800
Improvements Assessment
$295,860
Total Assessment
$459,660
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