CVS Pharmacy NNN Property For Sale — Tifton, GA
This CVS Pharmacy offers a secure, long-term investment opportunity with a corporate guaranteed absolute triple net (NNN) lease, providing for zero landlord responsibilities. The property benefits from strong visibility and high traffic counts at a signalized hard corner. Situated in Tifton, GA, a regional hub, it is strategically located near the University of Georgia Southern Campus and Tift Regional Medical Center. CVS demonstrated its commitment to the site by installing a new roof in August 2020. The market boasts strong demographics and limited competition. Note that the lease includes a 3-year rent holiday during the final three years of the initial term.
- Asking price $3.00M
- 6.85% cap rate
- NOI $205,188
- 10 years remaining
- NNN lease
Asset type: Retail