10 Shaw Ave Clovis, CA 93612

Listing Agency Marcus & Millichap - Fort Lauderdale

Listed by Jason Yukins · License #FL SL3197591

Source Crexi

Added: Apr 12 Updated: Jul 20 at 4:48 pm Checked: Jul 20 at 4:48 pm

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents for sale a CVS NNN ground lease in Clovis, California. The subject is an approximately 14,576-square-foot, single-tenant building built in 2016 on approximately 1.45 acres of land.

The existing lease is a 25-year NNN corporate ground lease with approximately 18.8 years remaining, supported by an extremely strong lease guarantee by CVS. The lease includes eight, five-year renewal options with 7% rent escalations every five-year option.

This offering is structured as a ground lease investment tied to the CVS location at 10 Shaw Ave, Clovis, California.

Key Highlights

• CVS NNN corporate ground lease in Clovis, California
• Approx. 14,576 SF single‑tenant building built in 2016
• Built on approx. 1.45 acres

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Similar Off Market Nearby

• CVS — 900 Shaw Ave, Clovis, CA 93612
• Lew Shelley — Clovis, CA 93612
• Costco Pharmacy — 2270 Clovis Ave, Clovis, CA 93612
• Christy Ferreria — 2270 Clovis Ave, Clovis, CA 936123915
• Todd W. Schwindt, Bspharm — 900 Shaw Ave, Clovis, CA 93612

FAQs

What type of property is this?

Drug store - Single-tenant CVS building on a 1.45-acre site, built in 2016, offered as an NNN corporate ground lease with remaining term.

Where is this drug store located?

The property is located at 10 Shaw Ave Clovis, CA.

What are key features of this property?

This property features: CVS NNN corporate ground lease in Clovis, California; Approx. 14,576 SF single‑tenant building built in 2016; Built on approx. 1.45 acres