CVS for sale. For more information please contact listing agent Vanessa Haddad. vanessa.haddad@cbre.com (909) 418-2143

Posted: 10/07/2019 9:25 am | On HOMEiZ: 1653 days | Updated: 4 years ago | Views: 2656

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$7880000

Last Sold Price

$7200000

Last Sold Date

10/02/2019

Property Location & Description

Listing Headline

CVS for sale. For more information please contact listing agent Vanessa Haddad. vanessa.haddad@cbre.com (909) 418-2143

Property Description

Los Angeles county.

Tenant Information

Tenant Overview

National Tenants (Public company)

No. of Locations

9,800

Credit Rating

Baa2

Total Revenue

194.579 billion

Net Worth

594 million

Headquarters

Woonsocket, RI

Tenancy Type

Tenancy

Single

Tenant is a Franchise

Number of Tenants

Corporate Overview

Stock Symbol

CVS

Property Overview

Year built

2002

Overall Property Condition

Very good

Construction Status

Exist

Total Building Sq. Ft.

16540

Total Lot Size

0.78 Acres

Net Leasable Area

APN#

5009-003-060, 5009-003-062

Parking Type

On-street

Off-street

Distressed

Zoning

LCC2YY

Number of Floors

Income

Commission split %

Contact listing agent%

Price per Sq. Ft.

$476

Cap Rate

NOI

$394000

Rent to sales ratio

Annual Property Tax Rate for this property

1.25%

Responsibility for Property Tax increase

Tenant

Lease overview

Initial Lease term / Month

Rent Commencement

07/09/2003

Lease Expiration

07/08/2028

Lease Remaining Years

years: 8 months: 8

Renewal Options

5 year option

Annual Rent Increase %

10 every 5 years%

Termination Clause

Tenant Option

Income tax free State

Any Restrictive CC&RS

Yes

Roof & Structure Responsibility

Tenant

Options to Purchase

Lease Guarantor

Guarantee Type

Cooperate

Personal

Lease Structure

Lease Type

Double Net Lease (NN Lease)

Sewer

Type of Sewer

Sewer System (Public)

Investment Overview

Type of use

Investor

Ownership Overview

Ownership Type

Fee simple absolute

Property Highlights

More information

MLS URL of this listing to link to your own site or brokerage site

http://www.cbre.us/real-estate-services/teams/corporate%20teams/capital%20markets/invinlandempireretail?utm_source=CampaignLogic&utm_medium=email&utm_campaign=Just+Closed%3a+CVS+%2b+Available+STNL+Properties_10%2f07%2f2019

Listing Info

Listing ID: 1966

Sold

For Sale

$7,880,000

Listing Presented by

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4501 West Slauson Avenue . South Los Angeles , CA 90043