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Zero Cash Flow CVS Drug Store - S&P A rated Company

This property is operated and the lease is guaranteed by CVS an S&P A rated tenant under a 25 year absolute NNN Net Lease with no landlord responsibilities.

Location:	Florida
Size:	13,013 square feet on 1.15 acres
Lease Term:	25 years absolute NNN Lease from 5/2005
Rent:	$412,783
Price:	$6,159,560 with $5,356,139 debt requiring $805,421 equity.
Cap Rate	6.70
Comments:	Zero cash flow deal structure by assuming the existing debt with 22 year self amortizing debt at 5.29%. Rent holiday years 23 and 25. The property is located a high traffic intersection in an upscale area.
Location	Location map
Site Analysis	Call for details.