EXECUTIVE
SUMMARY
OFFERING SUMMARY
Price
TENANT SUMMARY
$20,600,000
Tenant
Cap Rate 4.25% Year Built 1936 Sales Volume
Year Renovated 2018 Market Cap
Lot Size 6,476 SF
Parking Street parking
Ownership
Number of Locations
Net Operating Income $875,800 Headquarters
Website
Initial Lease Term
CVS
20-years
Four, 5-year
Rent Commencement April 1, 2015
Increases
$63.28B
BBB+
CVS
9,600
Woonsocket, RI
www.cvs.com
ANNUALIZED OPERATING DATA
Lease Options
Expiration Date
$184.77B
Ticker Symbol (NYSE)
12,415 SF
Tenant Trade Name
Public
Credit Rating (S&P's)
Gross Leasable Area
LEASE SUMMARY
Holiday CVS, LLC
March 31, 2035
5% in 2026 and 2031; 10%
in Options
Lease Term
Current-
March 31, 2025
April 1, 2025 -
March 31, 2030
April 1, 2030 -
March 31, 2035
Options 1-4
(5-Years Each)
Annual Rent
$875,800*
$919,485
$965,459
10% Increase in
Each
Some folks like to get away, take a holiday from the neighborhood
- Hop a flight to Miami Beach , or to Hollywood.
~ Billy Joel
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COLLIERS INTERNATIONAL