610 Cherry St
Blanchester, OH 45107
Retail Property For Sale
Property Facts
Amenities
- Drive Thru
About 610 CHERRY ST , BLANCHESTER, OH 45107
Investment Highlights: 10,050 SF Absolute NNN Bond Lease with Drive-Thru, located in Blanchester, OH (Cincinnati MSA). Absolute Bonded NNN Lease, Tenant responsible for roof and structure, including all expenses. 25 Initial Lease Term; 12 years remaining uninterrupted cash flow. Corporate Guaranteed CVS Caremark Lease (NYSE: CVS; S&P: BBB+ Stable). CVS Caremark is the Largest Pharmacy Health Care Provider in the US. CVS Caremark Filled over 718 Million Prescriptions in 2012, approximately 21% of the US Retail Pharmacy Market. Tremendous motivation for tenant to renew due to favorable lease terms. Being the only major stand-alone pharmacy in a 13-mile radius, this is a long-term location for CVS. Seller is only willing to sell for a 30-day window only.
Property Taxes
| Parcel Number | 220-08-11-09-0000-00 | Improvements Assessment | $259,770 |
| Land Assessment | $77,770 | Total Assessment | $337,540 |
Property Taxes
