3400 Peachtree Road Atlanta, GA 30326

Listing agency SRS Real Estate Partners Newport Beach p***@srsre.com Show Phone

Listed by Patrick R. Luther, CCIM · License #CA License No. 01912215

Source Crexi

Added: Apr 10 Updated: Jul 22 at 11:03AM Checked: Jul 22 at 11:03AM

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Investment Insights

Based on property information with market context.

SRS National Net Lease Group presents the opportunity to acquire the fee simple interest (land and building) in a net leased, corporate guaranteed, single-tenant CVS Pharmacy property in Apalachicola, Florida. The property is leased to Holiday CVS LLC, which recently renewed its lease for an additional five years, reflecting continued commitment to the site. The lease is corporate guaranteed by Holiday CVS LLC, a subsidiary of CVS Corporation, and is structured as a net lease with limited landlord responsibilities.

The asset is located along US Route 98, a major east/west thoroughfare running from Alabama to Florida, with reported traffic of 13,000 VPD. It is positioned approximately a quarter mile from George E Weems Memorial Hospital, the main hospital and 24-hour emergency room for Apalachicola, and the only CVS and credit drug store in a 20-mile radius.

The 5-mile trade area is supported by a population of over 3,800 residents with average household income of $50,348.

Key Highlights

• Fee simple (land & building) interest in a net leased, single‑tenant CVS Pharmacy investment in Apalachicola, FL
• Tenant Holiday CVS LLC recently renewed the lease for an additional 5 years
• Lease is corporate guaranteed by Holiday CVS LLC, a subsidiary of CVS Corporation

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FAQs

What type of property is this?

Drug store - Single-tenant CVS Pharmacy investment with a corporate-guaranteed lease recently renewed for an additional five years.

Where is this drug store located?

The property is located at 3400 Peachtree Road Atlanta, GA.

What are key features of this property?

This property features: Fee simple (land & building) interest in a net leased, single‑tenant CVS Pharmacy investment in Apalachicola, FL; Tenant Holiday CVS LLC recently renewed the lease for an additional 5 years; Lease is corporate guaranteed by Holiday CVS LLC, a subsidiary of CVS Corporation