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Ann Arbor, MI - CVS Pharmacy - Availability Details
209 South State Street, Ann Arbor, MI 48104
- For Sale $11,076,000
- Property Type Retail - Freestanding
- Property Size 13,040 Sqft
- Year Built 1930
- Date Updated Dec 16, 2021
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.read more read less
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- City Ann Arbor, MI
- Neighborhood Downtown Ann Arbor
- Zip Code 48104
- Market Detroit
Frequently Asked Questions
What year was Ann Arbor, MI - CVS Pharmacy built and finished?
Ann Arbor, MI - CVS Pharmacy was completed in 1930.
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