CVS Pharmacy
Hebron, Connecticut
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The NNN Pro Group is pleased to present the exclusive listing for the CVS property located at 110 Main Street in Hebron, CT. The property consists of roughly 13,335 rentable square feet of building space on an estimated 2.34-acre parcel of land. CVS is subject to a long-term lease with 14+ years remaining on the primary term. The current rent is $240,000 with 5% increases at the start of each option period. There are six (6), five (5)-year tenant renewal options, extending the total possible lease term.
About the Investment:
✓ Long-Term, 25-Year Absolute Triple Net (NNN) Lease | 14+ Years Remaining
✓ CVS Corporate Guaranty | Investment Grade Credit | “BBB+” S&P Credit Rating
✓ Compelling Real Estate Fundamentals | Located Less Than 20-Miles from Hartford, CT| Site is Equipped with a Drive-Thru Pharmacy Pick Up
✓ Excellent Ease of Access and Visibility Off Main Street
✓ Ranked in the 73rd Percentile of all CVS Pharmacy’s Nationwide on Placer.AI*
✓ Limited Drug Store Competition