Single-Tenant CVS Ground
For Sale
Contact for pricing
Pending
10 Shaw Ave, Clovis, CA 93612
Single-tenant CVS building on a 1.45-acre site, built in 2016, offered as an NNN corporate ground lease with remaining term.
Property SizeContact for details
Days on Market121
Property Features for 10 Shaw Ave
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Fort Lauderdale
Listed By:
Jason Yukins · License #FL SL3197591
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 3:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Fort Lauderdale
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.
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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
320k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 30%
Groceries 27%
Dining 24%
Superstores 7%
Walmart Neighborhood Market
Groceries
56,602 visits/mo
0.4 miles
Hobby Lobby
Shops & Services
45,460 visits/mo
0.2 miles
FoodMaxx
Groceries
28,859 visits/mo
0.3 miles
Panera Bread
Dining
26,066 visits/mo
0.3 miles
Big Lots
Superstores
21,529 visits/mo
0.4 miles
Demographics for 93612, CA
37,368
Population
14,362
Households
2.6
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
5,577
Density / Sq Mi
$64,079
Median Household Income
$40,460
Median Earnings
$1,410
Median Rent
$311,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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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
Frequently Asked Questions
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
