CVS Pharmacy | 31 Metamora Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
CVS Pharmacy 31 Metamora Rd
13,281 SF Retail Building Brookville, IN 47012 £2,741,550 (£206/SF)
Executive Summary
• Triple-Net (NNN): Absolutely zero landlord responsibilities. Tenant responsible for all maintenance and repair, including roof and structure.
• Strong Credit Tenant: CVS has investment-grade credit and strong financials. (CVS Health) S&P: BBB; NYSE: CVS
• Long-Term Lease: ±17-year lease with 10 five-year extensions
• Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 4.163% interest rate.
• Debt Structure: Requires limited equity investment and can generate passive losses that work to offset taxable income from other investments.
• Paydown/Readvance: Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt.
• Strong Credit Tenant: CVS has investment-grade credit and strong financials. (CVS Health) S&P: BBB; NYSE: CVS
• Long-Term Lease: ±17-year lease with 10 five-year extensions
• Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 4.163% interest rate.
• Debt Structure: Requires limited equity investment and can generate passive losses that work to offset taxable income from other investments.
• Paydown/Readvance: Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,281 SF
Building Class
C
Year Built
1960
Price
£2,741,550
Price Per SF
£206
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
1.55 AC
Opportunity Zone
Yes
Zoning
GC
Parking
72 Spaces (5.42 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 24-10-20-333-009.000-004 | Improvements Assessment | £176,634 |
| Land Assessment | £39,087 | Total Assessment | £215,721 |
PROPERTY TAXES
Parcel Number
24-10-20-333-009.000-004
Land Assessment
£39,087
Improvements Assessment
£176,634
Total Assessment
£215,721
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
CVS Pharmacy | 31 Metamora Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.