Property Details

CVS/Pharmacy

Columbia, MD
Property ID: 3598

    Financial Summary

    Asking Price $5,475,000
    Cap Rate 4.75%
    Net Operating Income (NOI) $260,000
    Lease Type Ground Lease
    Lease Term Remaining 25 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Jonathan W. Hipp
    President & CEO
    703.787.4725

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    Highlights

    • Brand new construction - opening August 2017
    • Long term lease with five, 5-year options to renew
    • 12% rent increase with first renewal, 8% thereafter

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location


    Columbia, MD

    Traci BidingerCVS/Pharmacy