206 Alabama Avenue South
Bremen, GA 30110 · Retail For Sale
CVS Net Leased Offering | Atlanta
| Price | N/A | Property Use Type | Net Lease Investment with 3 years left on lease |
| Building Size | 8,470 SF | Cap Rate | 5.50% |
| Property Type | Retail | Tenancy | Single |
| Property Subtype | Free Standing Bldg | Lot Size | 0.72 AC |
| Listing ID: 19313652 | Date Created: 07/02/2015 | Last Updated: 07/02/2015 |
Description
The subject offering is a net leased CVS/pharmacy in the Atlanta market at incredibly low rents. The lease commenced in 1993 and runs through January 2019. CVS renewed and extended the lease in January 2014 for an additional five years, showing a dedication to this location.
Bremen is a city in Haralson and Carroll counties, Georgia. As of the 2010 census, the city had a population of 6,227. Most of the city is in Haralson County, with a small portion in Carroll County.
Highlights
- Net Leased CVS Opportunity at Incredibly Low Rents
- S&P Rated BBB+ Investment Grade Credit
- Corporate Guaranty - NYSE: CVS
- Fortune 500 Company
- One of the Nation' s Largest Retail Pharmacy Chains
Traffic
| Collection Street | Cross Street | Traffic Volume | Year | Distance |
|---|---|---|---|---|
| Pacific Ave | Tennessee Ave | 9,500 | 2017 | 0.14 mi |
| Hamilton Avenue | Tallapoosa St | 6,762 | 2020 | 0.15 mi |
| Hamilton Ave | Tallapoosa St | 6,111 | 2022 | 0.15 mi |
| Pacific Ave | Georgia Ave N | 11,090 | 2022 | 0.27 mi |
| Pacific Avenue | Georgia Ave N | 11,900 | 2020 | 0.27 mi |
| Georgia Ave S | Poplar St | 1,430 | 2022 | 0.28 mi |
| Georgia Avenue South | Poplar St | 1,428 | 2020 | 0.28 mi |
| Georgia Ave S | Laurel St | 1,290 | 2017 | 0.31 mi |
| Hamilton Ave | Bryan St | 5,100 | 2017 | 0.37 mi |
| Atlantic Ave | Mount Zion St | 7,550 | 2017 | 0.64 mi |
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