CVS Pharmacy

400 E Broadway, Louisville, KY
Deal Type:
Net Lease
Price:
$9,255,525
Cap Rate:
4.00%
Current Rent:
$370,221
Lease Type:
Triple Net
Landlord Responsibilities:
None
Renewal Options:
Five, 5-Year Options
Building Sq. Ft.:
10,206 SF
Site Size:
.88 Acres

Investment Highlights

  • Extremely Rare CVS with a 10% Increase in Year 11 and Increases in the Options
  • Dense infill location outside of Downtown Louisville, adjacent to several large hospital campuses, and only 5 minutes from the University of Louisvilleā€™s campus
  • Brand New Prototype – 2021 Construction
  • 20 Year Absolute NNN Lease
  • CVS (NYSE: CVS) I S&P BBB Investment Grade Credit

Listing Agents

Adam English

Managing Director
256 694 9803
adam@stream-cp.com

Phil DiGennaro

Managing Director
203 610 1541
phil@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Kentucky Broker #260997

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