CVS Pharmacy - Absolute NNN Corporate Guaranteed Lease

For Sale

259 W Main St, Batavia, NY 14020

This Batavia property for sale is located at 259 W Main St. The current listed sale price for CVS Pharmacy - Absolute NNN Corporate Guaranteed Lease is $4,831,000. CVS Pharmacy - Absolute NNN Corporate Guaranteed Lease is situated on a lot that is 1.4 square feet in size.

Contacts

broker

Jereme Snyder

broker

Eric Carlton

Colliers

(949) 724-5561

broker

Kenneth Enos

Property Details

  • Property Type Retail
  • Lot Size 1.4 SF
  • Date Updated Apr 27, 2024

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a single tenant CVS Pharmacy in Batavia, NY. The absolute NNN lease has over 9 lease years remaining in the primary term and six 5-year option periods with 5% rent increases every option period making this asset ideal for an investor seeking effortless returns for years to come. The 11,945 SF building with drive-thru is strategically located on the hard corner signalized intersection of W Main Street (33,400+ VPD) and S Lyon Street and is within a mile from Batavia Downs Gaming and Hotel and numerous retail attractions. Batavia Downs is a premier entertainment destination with an expansive casino, hotel, horse racetrack, concert amenities and more. Town Center at Batavia, a 400,000 SF shopping mall, is anchored by Target, Kohl’s, Dick’s Sporting Goods and ULTA Beauty. Other nearby retailers include Walmart Supercenter, The Home Depot, BJ’s Wholesale Club, Top’s Friendly Markets, McDonald’s, Chipotle, Five Guys, Dunkin’ and Taco Bell. This is an excellent opportunity to own an absolute NNN leased CVS between Buffalo and Rochester New York with long term operating history, no landlord responsibilities and rent increases every option and a corporate guaranty period providing years of worry-free income.

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Attachments

Getting around

  • 63/100

    Walk Score ®

  • 53/100

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Location

  • City Batavia, NY
  • Neighborhood Batavia
  • Zip Code 14020
  • Market Rochester

Points of Interest

  • Speedway

    0.18 miles

  • Citgo

    1.07 miles

  • Denny's

    0.38 miles

  • Dunkin'

    0.47 miles

  • Taco Bell

    0.49 miles

  • Rancho Viejo Mexican Restaurant

    0.53 miles

  • Pizza 151

    0.66 miles

  • McDonald's

    0.68 miles

  • Subway

    0.69 miles

  • Long John Silver's

    0.70 miles

  • Alex's Place

    0.81 miles

  • Wagon Wheel

    0.93 miles

  • Tops

    0.55 miles

  • Kmart

    0.80 miles

  • Target

    1.02 miles

  • Walmart Supercenter

    1.05 miles

  • Aldi

    1.66 miles

  • Tops

    9.79 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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