CVS | Marietta GA

$3,415,000

1172 Milford Church Road Southwest, Marietta, GA 30060

For Sale

Retail Street Retail

Pending

Last Updated: 04/28/2025

Details:

Cap Rate: 6.25%

NOI: $213,506

Building Size: 10,112 sqft

Lot Area: 1.21 acres

Class: A

Lease Type: Triple Net

Year Built: 1997

Price Per Sqft: $263.90

Tenancy: Single

Investment Strategy: Opportunistic

Lease Expire Year: 1/31/2023

Offered by

Ted Dowding

Managing Principal

TD Commercial Group

#CQ1054183

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Highlights:

Long Term Established CVS Pharmacy Location 23+ Years at this site
Drive Thru Location | Strong Traffic Counts 41,760 Cars Per Day
Rare 30% Rent Increase in Next Option Period
Corporate Guaranteed by CVS Corporation
Excellent Demographics | 186,108 People in 5-Mile Radius | 20.2 Million SF of Retail in the area
Affluent Market. Average HH Income $82,111 in 5-Mile Raidus

Description:

TD Commercial Group is pleased to present to qualified investors the opportunity to acquire the CVS Pharmacy is Marietta, GA. CVS has a proven track record of success at this location and has successfully operated at this site for over 23 years! This densely populated infill location boasts over 186,108 residents in a 5-mile radius and benefits from over 41,760 Vehicles Per Day passing by.

Corporate Guaranteed by CVS Corporation
Drive Thru Location
30% Rent Increase in the next option period brings the NOI up to $276,704!