1655 W Kimberly Rd - Drug Store FOR SALE


Davenport, IA 52806
$3,831,440 USD
248-702-0288
1655 W Kimberly Rd, Davenport, IA for Sale
$3,831,440 USD
Drug Store - FOR SALE
1/3
null | 5% Cap Rate

1655 W Kimberly Rd
Davenport, IA 52806


HIGHLIGHTS

  • Long Term 16.75 Year Lease backed by CVS Health Corp
  • Investment Credit Guarantee Rated | S&P "BBB+"
  • CVS is Ranked #11 on Fortune 500 List with Over $300 Billion in Revenue
  • Drive Thru Equipped Site Located at Main on Main Signalized Intersection
  • Strong Residential Infill Demos: Population Exceeds 129,128+ in 5 Miles
  • Close Proximity to Genesis Medical Center (550 Bed RegionalHospital) & Select Medical Hospital (50 Bed Acute Care facility)

FOR SALE DETAILS

PRICE

$3,831,440 USD

PRICE/SF

$223 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

Commercial

APN/PARCEL ID

M1511-03B

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.