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9940 State Route 43
Streetsboro, OH 44241
CVS · Retail Property For Sale
Investment Highlights
- LEASE TERM (4.75 YEARS) Primary Term expires 1/31/2031. CVS has operated from this location since 2006.
- Primary Term expires 1/31/2031. CVS has operated from this location since 2006.
- STRONG DEMOGRAPHICS Average Household Income is $111,405 in a 3-mile radius and population is 46,334 in a 5-mile radius.
- ABSOLUTE NET BOND LEASE No Landlord Responsibilities.
- PART OF CLEVELAND-AKRON-CANTON OHIO M.S.A. The largest metropolitan area in in the State of Ohio.
- CORPORATE GUARANTEE The lease is corporate guaranteed by CVS Health Corporation.
Executive Summary
2/2028 - 1/2031 (Price is 3-Year Rent Holiday: Inclusive of Full Rent Credit for Rent Holiday)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,035 SF
Building Class
B
Year Built
2005
Price
$1,700,000
Price Per SF
$169.41
Cap Rate
9.32%
NOI
$158,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.67 AC
Zoning
B-T - Business Transitional
Parking
73 Spaces (7.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 35-016-00-00-004-002 | Improvements Assessment | $386,930 |
| Land Assessment | $140,530 | Total Assessment | $527,460 |
Property Taxes
Parcel Number
35-016-00-00-004-002
Land Assessment
$140,530
Improvements Assessment
$386,930
Total Assessment
$527,460
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