CVS NNN Ground Lease & Real Estate

Retail-Commercial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30152761
Property Subtypes: Free-Standing Building, Other
Status: Pending/Contingent
Building Size (RSF): 13,600 SF
Gross Building Area: See Agent
Gross Land Area: 4.03 Acres
Sale Price: $3,200,000
Unit Price: $235.29 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/4/2019

Overview / Comments

• CVS NNN Ground Lease
• 16 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)

Attachments & Media

Additional Details

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

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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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