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Ann Arbor, MI - CVS Pharmacy

209 South State Street, Ann Arbor, MI 48104

  • For Sale $10,821,000
  • Property Type Retail - Freestanding
  • Property Size 13,040 SF
  • Year Built 1930
  • Date Updated Apr 26, 2022
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade (S&P: BBB), corporate guaranteed, CVS Pharmacy investment property located in Ann Arbor, Michigan. The tenant has over 15 years remaining in their initial term with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease is corporate guaranteed by CVS Health Corporation (S&P: BBB) and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. CVS is the largest pharmacy chain in the United States with more than 9,900 stores across 49 states, the District of Columbia, and Puerto Rico.
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Location

  • City Ann Arbor, MI
  • Neighborhood Downtown Ann Arbor
  • Zip Code 48104
  • Market Detroit

Contacts

broker

John Redfield

Newport Beach

(949) 698-1113

Frequently Asked Questions

What is the total size of Ann Arbor, MI - CVS Pharmacy?

Ann Arbor, MI - CVS Pharmacy has a total of 13,040 square feet.

What is the year built for Ann Arbor, MI - CVS Pharmacy?

The year built for Ann Arbor, MI - CVS Pharmacy is 1930.

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Contact Listing Broker

broker

John Redfield

Newport Beach

(949) 698-1113

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