601 E Main St - Drug Store FOR SALE
Canfield, OH 44406 |
$5,263,158 USD
843-212-9319
601 E Main St
Canfield, OH 44406
HIGHLIGHTS
- Long Term Absolute NNN Lease CVS Located at the Highly Trafficked Signalized Intersection of E Main Street (20,000 VPD)
- The Property is Ideally Situated on a 1.42 Acre Lot Between Several Large Suburban Neighborhoods and Many Key Employers in the Area
- Total Consumer Spending on Education and Daycare Exceeds $56 Million Annually Within a 5-Mile Radius of This Location
- Established Retailers Nearby Include: Target, Kohl's, T.J. Maxx, Petco, Dollar General, Starbucks, Giant Eagle, McDonald's Etc.
- Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500 With an S&P Credit Rating of BBB
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,113 SF CVS Located at 601 East Main Street in Canfield, OH. This Deal Includes a Long Term Absolute NNN Lease CVS Located at the Highly Trafficked Signalized Intersection of E Main Street (20,000 VPD) and Fairground Blvd (8,000 VPD) in Canfield, OH - Youngstown/Warren/Boardman MSA, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$5,263,158 USD
PRICE/SF
$520 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS - Canfield, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Loft/Creative Space, Medical, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.42 AC
LAND SF
61,725 SF
ZONING
B-3
APN/PARCEL ID
28-028-0-004.00-0
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843-212-9319
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843-212-9319
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