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CVS Pharmacy (Leasehold) 7 Washington St 13,225 SF Retail Building Taunton, MA 02780 $2,942,200 ($222.47/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Dominant Retail Pharmacy Brand with Investment Grade Guaranty
  • Quarter-Mile from Morton Hospital
  • 100% Deprecation Benefits
  • Located near Downtown Taunton at Signalized Intersection
  • Strong Demographics

EXECUTIVE SUMMARY

The Property consists of a one-story, +/-13,225-square-foot CVS Pharmacy situated on +/-1.62 acres and located just a quarter mile from Morton Hospital, a 144-bed Brown University Health facility. The lease is guaranteed by CVS Health Corp. (NYSE: CVS). Taunton, the county seat of Bristol County, is considered a suburb of Boston and benefits from being part of the Greater Boston metro, a region with over 5 million residents.
In Association With Phillip C. Tomlinson MA Lic #150418

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
C
Year Built
2009
Price
$2,942,200
Price Per SF
$222.47
Cap Rate
10%
NOI
$294,220
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.62 AC
Opportunity Zone
Yes

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 13,225 SF
  • -
  • Triple Net
  • Oct 2035

CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 13,225 SF - Triple Net Oct 2035
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The YMCA
Webster Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
TAUN-000065-000138
Land Assessment
$1,285,800
Improvements Assessment
$2,952,000
Total Assessment
$4,237,800
  • Listing ID: 37747234

  • Date on Market: 9/19/2025

  • Last Updated:

  • Address: 7 Washington St, Taunton, MA 02780

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