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Off Market
1/6

7411 Florida Blvd
Baton Rouge, LA 70806


HIGHLIGHTS


OVERVIEW

Pharma Property Group is pleased to present the opportunity to purchase a CVS with ±16.5 years of lease term remaining on an absolute net lease with no landlord responsibilities whatsoever. CVS has ten (5 year) options to extend. Income is guaranteed by CVS Corporate (S&P BBB+, NASDAQ CVS). The property is an out-parcel of a 725,000 square foot office park on the mail retail corridor leading directly into Downtown Baton Rouge. The subject property is located on the signalized southeast corner of Florida Boulevard & Lobdell Boulevard. The Baton Rouge area benefits from the presence of various large employers including Exxon Mobile, Louisiana State University, Baton Rouge Medical Center and the Port of Greater Baton Rouge.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

CVS Baton Rouge | 16.5 Yr | Under $5M | NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

12880

STORIES

1

YEAR BUILT

2010

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

01211951