Los Angeles (Lincoln Heights), CA - CVS Pharmacy
$10,811,000
2419 Workman St, Los Angeles, CA 90031
4.5
Cap Rate
486,484
NOI
Details:
Description:
SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest in a long-standing, high-performing CVS Pharmacy located at 2419 Workman Street in Los Angeles, California (Lincoln Heights). This rare urban infill asset is backed by a corporate lease with CVS Health (NYSE: CVS), a Fortune 500 company ranked #6 in 2024 with over $350 billion in revenue and investment-grade (S&P: BBB) credit ratings from all major agencies.
Situated on a signalized hard corner in Lincoln Heights, the site offers rare on-site parking in a dense, walkable trade area with over 314,000 residents within a 3-mile radius who earn average household incomes of more than $103,000. It is surrounded by major medical and institutional anchors including Keck Hospital of USC and LAC+USC Medical Center.
Location
Gallery
