Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located at 9856 W. Peoria Avenue in Peoria, Arizona. There are currently 12.61 years remaining on the true triple-net lease, which calls for zero landlord responsibilities. The current annual rent is $484,048. There are ten (10), five (5)-year tenant renewal option periods, bringing the total lease term to 75 years.
Long-Term Absolute Triple Net (NNN) Lease Approximately 12.61 Years Remaining
✓ CVS Corporate Guaranty | Investment-Grade Credit
✓ Fee Simple Ownership
✓ Zero Landlord Responsibilities
✓ Ten (10), Five (5)-Year Tenant Renewal Option Periods