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CVS Pharmacy (Zero Cash Flow) 7 Washington St 13,284 SF Retail Building Taunton, MA 02780 $2,007,910 ($151.15/SF)
Investment Highlights
- Zero Cash Flow Structure with Paydown/Readvance
- Strategic Location with Strong Demos
- 100% Depreciation Benefits on the Leasehold Interest
- Dominant Retail Pharmacy Brand with Investment Grade Guaranty
- Absolute Net Lease - No Responsibilities
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to acquire the leasehold interest in a single-tenant CVS Pharmacy location in Taunton, Massachusetts. The absolute net lease structure provides for a passive, secure investment with no responsibilities for the Landlord.
The Property features non-recourse, zero cash flow structured financing that is readily assumable. The structure is ideal for tax-deferred 1031/1033 exchange buyers or non-exchange buyers seeking passive losses that may be used to offset income from other real estate investments.
In Association With Phillip C. Tomlinson MA Lic #150418
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Property Taxes
| Parcel Number | TAUN-000065-000138 | Improvements Assessment | $2,952,000 |
| Land Assessment | $1,285,800 | Total Assessment | $4,237,800 |
Property Taxes
Contact the Sale Advisor
CVS Pharmacy (Zero Cash Flow) | 7 Washington St