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    7430 SW Archer Rd Gainesville, FL 32608

    For Sale
    $1,636,000

    NNN leased CVS Pharmacy with drive-thru and corporate guarantee.

    Property size:
    12,900 SF
    Lot size:
    1.72 Acres

    Property Features for 7430 SW Archer Rd

    General Information

    Size
    12,900 SF
    Lot size
    1.72 Acres

    Source: SRS Real Estate Partners | Chicago Agent Dan Elliot

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gainesville CVS Pharmacy Investment Property

    This is a leased fee interest (land ownership) opportunity featuring a NNN leased CVS Pharmacy located in Gainesville, Florida. The property includes a drive-thru. The tenant, CVS Pharmacy, has over 10 years remaining in their initial term, with 6 (5-year) option periods to extend. The lease is guaranteed by the corporate entity (S&P: BBB) and is NNN with limited landlord responsibilities. CVS Pharmacy operates over 9,200 stores and has become the largest drugstore chain in the United States. The property size is 12900 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Pharmacy Pharmacy CDReload - Online Bitcoin ... Crypto Atm CVS Drug Store Coinhub Bitcoin ATM ... Atm MoneyGram Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CVS Pharmacy, Linda Simpson, Beauty and Boss Creations

    Location Insight

    • Map
    • Local Demand
    City
    Gainesville
    County
    Alachua
    State
    Florida
    Longitude
    -82.4217802
    Latitude
    29.5993563

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    FAQs

    What type of property is this?
    Drug store - NNN leased CVS Pharmacy with drive-thru and corporate guarantee.
    Where is this drug store located?
    The property is located at 7430 SW Archer Rd Gainesville, FL.
    What is the asking price?
    The asking price for this property is $1,636,000.
    What are key features of this property?
    This property features: - Investment grade credit rating (S&P: BBB) corporate guarantee by CVS Pharmacy.; - NNN lease with over 10 years remaining, plus 6 (5-year) option periods.; - Drive-thru equipped CVS Pharmacy location.
    (312) 972-7978
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7430 SW Archer Rd Gainesville, FL 32608
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