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CVS Milton (Pensacola), FL

$3,454,545

6501 Caroline St, Milton, FL 32570

Active
Last Updated: 04/29/2025

5.5

Cap Rate

190,000

NOI

Details:
Cap Rate:    5.5%
NOI:    $190,000
Building Size:    11,200 sqft
Lot Area:    6.72 acres
Class:    A
Units:    1
Year Built:    2000
Floors:    1
Description:

FOR SALE BY OWNER AGENT

- Investment grade credit tenant (S&P: BBB)
- Corporate, CVS Health guarantee
- Signalized intersection location
- New 15-year NNN Lease
- No Landlord responsibilities
- Both MinuteClinic & HealthHub Services
- 24-hour store operation
- Bonus income from billboard
- Florida has no state income tax

Milton, FL is the county seat of Santa Rosa County, located within the Pensacola metropolitan area in Florida’s panhandle. Originally a center built on lumber and timber activities, Milton is now an activity-driven community centered on its waterways and small-town charm.

Naval Air Station Whiting Field, an aviation training facility for the Navy, Marine Corps and Coast Guard, is housed in Milton and serves some 63,000 military service members, retirees, civilian and government contractors.

Map:
Documents:
Title
CVS_Milton__Florida_-_OM.pdf
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Location
Gallery