CVS NNN Ground Lease & Real Estate

Vacant Land for Sale
Catylist Listing ID: 30152761
Gross Land Area: 4.03 Acres
Sale Price: $3,600,000
Unit Price: $893,300 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/7/2017

Overview / Comments

INVESTMENT HIGHLIGHTS
• CVS NNN Ground Lease
• 17 years remaining on original lease with six 5-year options to renew. 5% increase with each renewal
• Located directly off I-75 on Laurel Road in the City of Venice
• Rapidly growing population & strong demographics - highest growth area in south county
• Zoning: CHI (Commercial Highway Interchange)
• Both parcels total 4.03 acres: CVS - 1.69 Acres; Vacant land - 2.34 Acres
Buyer’s agent to be paid by Buyer

Additional Details

Nearest MSA: North Port-Sarasota-Bradenton
County: Sarasota
Tax ID/APN: 0389002012

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 771 22,703 66,466
Median Age: 72.37 63.03 62.19
Households: 410 11,693 34,150
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