501 W Center St - Drug Store FOR SALE


Eureka, IL 61530
$1,112,602 USD
615-656-3297
501 W Center St, Eureka, IL for Sale
$1,112,602 USD
Drug Store - FOR SALE
1/3
null | 6.15% Cap Rate

501 W Center St
Eureka, IL 61530


HIGHLIGHTS

  • Top Fortune 500 Company – CVS Health Corporation (NYSE: CVS) ranks as the 5th largest company on the Fortune 500 list.
  • Exceptional Sales-to-Rent Ratio – This CVS location boasts an estimated 1% rent-to-sales ratio, significantly below the industry average.
  • Established Presence & Lease Renewals – CVS has operated at this location since 1994 and has demonstrated a strong commitment to the site
  • Attractive Price Point – While the average CVS property sells for $3-$5 million, this location presents a rare opportunity to acquire a CVS

OVERVIEW

Broker of Record Matthew M. Fitzgerald License No. 478027547 (IL) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,112,602 USD

PRICE/SF

$138 USD /SF

CAP RATE

6.15%

% 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

1994

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Commercial

APN/PARCEL ID

13-12-404-012

ASK ABOUT THIS PROPERTY

Richard ColeMatthews Real Estate Investment ServicesMore Info
615-656-3297

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Richard ColeMatthews Real Estate Investment ServicesMore Info
615-656-3297

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