Triple-Net CVS Retail
For Sale
Contact for pricing
103 Catawba Road, Havelock, NC 28532
Newly constructed CVS store opened in 2014 and is covered by a 25-year triple-net lease.
Property SizeContact for details
Days on Market122
Property Features for 103 Catawba Road
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2014
Listing Agency:
Thomas Company
Listed By:
Jeffrey Thomas · License #WA 116180
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 11:06PM
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 Thomas Company
Investment Insights
Based on property information with market context.
Thomas Company offers for sale an unlevered CVS store at 103 Catawba Road in Havelock, North Carolina. The building was newly constructed and opened for business in 2014.
A new 25-year lease was executed in October 2015, and the property is offered free and clear of debt. The store is subject to a 25-year triple-net lease in place with no landlord responsibilities and no rent holidays.
This is a single-tenant retail asset operated under a long-term NNN structure.
A new 25-year lease was executed in October 2015, and the property is offered free and clear of debt. The store is subject to a 25-year triple-net lease in place with no landlord responsibilities and no rent holidays.
This is a single-tenant retail asset operated under a long-term NNN structure.
Key Highlights
- Newly constructed CVS store opened for business in 2014
- 25‑year triple‑net lease in place
- New 25‑year lease executed in October 2015
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
168k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Superstores 33%
Shops & Services 25%
Electronics 3%
Walmart
Superstores
55,871 visits/mo
0.4 miles
McDonald's
Dining
21,653 visits/mo
0.0 miles
Murphy USA
Shops & Services
18,815 visits/mo
0.4 miles
Cook Out
Dining
15,121 visits/mo
0.1 miles
Starbucks
Dining
14,311 visits/mo
0.2 miles
Demographics for 28532, NC
20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Alpha Core Nutrition — 288 U.S. Hwy 70 W, Havelock, NC 28532
- CVS Pharmacy — 103 Catawba Rd, Havelock, NC 28532
- Victoria Maskinas, PharmD — 510 US-70, Havelock, NC 28532
- Walmart Pharmacy — 566 U.S. Hwy 70 W, Havelock, NC 28532
Frequently Asked Questions
What type of property is this?
Drug store - Newly constructed CVS store opened in 2014 and is covered by a 25-year triple-net lease.
Where is this drug store located?
The property is located at 103 Catawba Road Havelock, NC.
What are key features of this property?
This property features: Newly constructed CVS store opened for business in 2014; 25‑year triple‑net lease in place; New 25‑year lease executed in October 2015
