CVS Pharmacy - Brookville, IN
31 Metamora Road, Brookville, IN
For Sale
Retail
$3,500,000
Price
13,281 sqft
Building Size
1.55 sqft
Lot Area
Overview
Building Size
13,281 sqft
Lot Area
1.55 sqft
Occupancy
100%
Lease Type
Absolute Net
Year Built
2013
Tenancy
Single
Lease Expire Year
1/31/2040
Highlights
- 4.163% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity.
- Highly leveraged in-place assumable financing - great for debt replacement in a 1031 exchange
- 25-year original lease term with approximately 17 years remaining
- Lease type: Absolute Net - zero landlord responsibilities
Documents
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CVS_Brookville_IN_OM_ZCF_Apr2024.pdf
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