2700 E Broadway St
Mount Vernon, IL 62864

CVS For Sale | Recent Extension | Rental Increases Pharma Property Group has been retained as exclusive agent and is pleased to offer investors the opportunity to acquire a net leased CVS in Mount Vernon, Illinois. This Walgreens store has 5 years left on the initial lease term with three (5-year) options to follow. Next option begins February 9, 2022. Property to be delivered free and clear of debt. Landlord is responsible for roof and structure. This lease allows for approximately three percent (3%) increases in rent in the options. Within blocks of the subject property lies the Saint Mary' s Good Samaritan Regional Health Center (134 beds), and the Crossroads Community Hospital (57 beds). Subject property is the only CVS in the city of Mount Vernon and is located a block from the only Walgreens in Mount Vernon. The next closes CVS or Walgreens is nearly 20 miles away. This CVS is located at the signalized intersection of Broadway Street and North27th Street. Nearly 30,000 vehicles per day pass the site. Broadway Street (Illinois 15) is the main artery in Mount Vernon and the subject property sits on one of the busiest intersections only two miles east of Interstate 64