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Cvs
Glen Burnie, MD 21061
CVS · Retail Property For Sale
Property Facts
Amenities
- Drive Thru
About CVS , GLEN BURNIE, MD 21061
SMALL PRICE POINT! We are pleased to offer to qualified investors an opportunity to purchase a single tenant investment fully leased to CVS Pharmacy. This is an absolute NNN leasehold lease with approximately 14 years of fixed term remaining with 4-5 year option periods. Additionally, there are fixed increases at each option; with three options remaining, an Owner will most likely enjoy a significant increase in rent at the end of the final option. DENSE TRADE AREA! The property is located in Glen Burnie, Maryland, within established retail trade corridors. In 2013, CVS ranked fortieth in the Fortune Global 500 list of the world' s largest companies and thirteenth in the US-only Fortune 500. It operates stores in 42 states as well as Puerto Rico and the District of Columbia. It employs over 203,000 people and is the largest pharmacy care provider in the United States with offerings across the entire spectrum of pharmacy care. This is an opportunity to purchase a single tenant CVS asset on leasehold interest at an above-market CAP rate which is situated in a strong trade area with strong fundamentals.
Property Taxes
| Parcel Number | 05-326-90040413 | Improvements Assessment | $2,320,200 |
| Land Assessment | $1,856,700 | Total Assessment | $4,176,900 |
Property Taxes
