CVS Crabapple 12070 Crabapple Rd

Franklin Street is pleased to present this freestanding CVS Pharmacy in Roswell, Georgia, a dynamic suburb of Atlanta situated in Fulton County. Roswell has experienced impressive growth and development over the years. The area is surrounded by many of MSA's top rated public schools, making it an attractive place for families to settle. This site was developed in 1998 for CVS and they have continued to operate here since and have exercised serval options at their contracted rent. CVS recently exercised a 5 year option renewal further showing their commitment to the site and do have another option remaining. This could potentially allow for a new investor to negotiate a new long term lease with CVS, as there is not another strong corner they could move to and today's cost of construction would cause the rents to be substantially higher than what they are paying here. The location's sales have been very strong nearing $10M providing a high likelihood of them staying. The location is within one of the most affluent suburbs of Atlanta with $230K household incomes in the 3 mile radius. Nearby daily driver retailers include Publix, Kroger, Chase Bank, Dollar General, McDonalds, Starbucks, among others. The roof was recently replaced and has a remaining warranty on it, while the tenant is fully responsible for CAM, taxes, and insurance. CVS, at their expenses, recently fully renovated the restrooms and installed a new lift station further showing their long term commitment to the location.