CVS Pharmacy NNN Property For Sale — Tifton, GA
111 E 8th Street, Tifton, GA 31794
This CVS Pharmacy offers a secure, long-term investment opportunity with a corporate guaranteed absolute triple net (NNN) lease, providing for zero landlord responsibilities. The property benefits from strong visibility and high traffic counts at a signalized hard corner. Situated in Tifton, GA, a regional hub, it is strategically located near the University of Georgia Southern Campus and Tift Regional Medical Center. CVS demonstrated its commitment to the site by installing a new roof in August 2020. The market boasts strong demographics and limited competition. Note that the lease includes a 3-year rent holiday during the final three years of the initial term.
- Address: 111 E 8th Street, Tifton, GA 31794
- Asking price $3.00M
- 6.85% cap rate
- NOI $205,188
- 10 years remaining
- NNN lease
- Year built: 2004
- Building size: 11,054 SF
- Lot size: 1.38 acres
- Guarantor: Corporate
Location
This CVS Pharmacy property is at 111 E 8th Street in Tifton, Georgia.
Asset type: Retail