Absolute NNN CVS Pharmacy

27 Main Street Watertown, MA 02472

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Investors can acquire a CVS Pharmacy with an absolute NNN lease, corporate guaranty, and more than 10 years remaining.

Type:Retail
Property size:
12,113 SF
Price / SF:
$1,000/SF
Added:
May 21, 2026
Days on Market:
53
Last Refresh:
Jun 20 at 9:09 am

Property Features for 27 Main Street

General Information

Standard status
Active
Size
12,113 SF
Property subtype
Retail

Building Details

Year Built
1978

Listing office JLL - New York City, New York

Listing date May 21, 2026

Source Crexi

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 JLL - New York City, New York


Investment Insights

Based on property information with market context.

The property is a CVS Pharmacy drug store on a 0.4-acre site at 27 Main Street in Watertown, Massachusetts. The tenant operates under an absolute NNN lease with a corporate guaranty and has more than 10 years remaining in the primary term, with zero management responsibility. The offering is structured for investors seeking a straightforward, long-term single-tenant retail pharmacy asset.

The store is positioned in Watertown’s main transportation corridor at the corner of Main Street and Merchants Row. It offers visibility from multiple roadways, including a hard-corner, signalized intersection of Pleasant Street that provides connectivity toward Galen Street and I-90. The asset has 24,800+ vehicles per day on Main Street, and the Pleasant Street connectivity supports a combined 167,000 vehicles per day.

With CVS operating as a large, established healthcare and retail pharmacy chain, the location sits within a densely populated trade area. Within five miles, there are over 658,000 residents and more than 267,000 households with an average income exceeding $189,000, based on provided market figures. This CVS pharmacy presents a practical fit for buyers evaluating an absolute NNN retail tenant with an extended lease timeline and corporate credit support.

Key Highlights

  • CVS Pharmacy built in 1978 on a 0.4‑acre site at 27 Main St, Watertown, MA 02472
  • Tenant operates under an absolute NNN lease with a corporate guaranty and more than 10 years of primary term remaining
  • Located at the corner of Main Street (24,800+ VPD) and Merchants Row

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Santander Bank ATM Atm CVS Pharmacy CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm

Suggested Use

Accounting Firm Pharmacy Nursing Home Grocery & Convenience Store Clothing & Fashion Store Bar & Pub Nursing Home Discount Store (Bike/Boat/Book/etc) Store Veterinary Clinic

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

Similar Off Market Nearby

  • CVS — 189 Watertown St, Watertown, MA 02472
  • CVS Pharmacy — 189 Watertown St, Watertown, MA 02472
  • Walgreens Pharmacy — 399 Washington St, Newton, MA 02458
  • Despina Ioannidis — 399 Washington St, Newton, MA 024581536
  • Danielle Nemtsev — 189 Watertown St, Watertown, MA 024722571

FAQs

What type of property is this?
Drug store - Investors can acquire a CVS Pharmacy with an absolute NNN lease, corporate guaranty, and more than 10 years remaining.
Where is this drug store located?
The property is located at 27 Main Street Watertown, MA.
What is the asking price?
The asking price for this property is $12,113,000.
What are key features of this property?
This property features: CVS Pharmacy built in 1978 on a 0.4‑acre site at 27 Main St, Watertown, MA 02472; Tenant operates under an absolute NNN lease with a corporate guaranty and more than 10 years of primary term remaining; Located at the corner of Main Street (24,800+ VPD) and Merchants Row
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