Pharmacy in the west of New York state

4,216,000 $
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Total area: 940 m² Yield: 5.0%
  • Absolute return: 198,152 €
  • Land area: 3,342 m²
  • Percentage of the rented area: 100%

It is a pharmacy, located in one of the small towns on the shore if Lake Erie, New York state.

Description

The total area is 940 m².

The plot of 3,342 m².

The pharmacy was built by the tenant project and is fully leased out.

Financial performance

Absolute income is 210,800 $.

The current yield of 5%.

Tenants

Tenant is a CVS — one of the largest pharmacy health care providers in the US and one of the three key players in drugstore business.

The annual turnover of the company exceeded $130 billion and operating income for 2014 amounted to $8.8 billion.

The lease agreement is signed until 2025.

The lease agreement is NNN, all operating and maintenance costs are borne by the lessee, including roof and structure.

Location and nearby objects

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Supermarkets
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Schools
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Cafe and restaurants
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Hospitals
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Airports
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Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in New York
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