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CVS Drug Store Portfolio
For Sale
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70 W State St., Granby, MA 01033

Four retail assets are leased to CVS under absolute net lease structures across three states.

Property SizeContact for details
Days on Market145

Property Features for 70 W State St.

General Information

Standard status Active
Property subtype Retail
Listing Agency: Thomas Company
Listed By: Jeffrey Thomas · License #WA 116180
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:25PM

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.

This portfolio comprises four CVS drug store properties totaling approximately 52,005 square feet of retail space across three states. Each asset is leased on an absolute net basis, with CVS assigned responsibility for repair and maintenance under the lease structure.

The properties are offered together or individually, providing flexibility for investors evaluating a single asset or a multi-property acquisition. Existing financing on each property is structured to fully amortize before the related lease expires, and the portfolio is presented as a zero-cash-flow investment with passive-loss characteristics.

Key Highlights

  • Four CVS drug store properties across three states
  • Approximately 52,005 square feet of combined retail space
  • Absolute net leases with CVS responsible for repair and maintenance

Property Analytics

Current Use

CVS Pharmacy UPS Access Point ... Courier Service MoneyGram Bank CVS Pharmacy Pharmacy CVS Photo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Repair Shop Law Firm Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

106
Businesses Nearby
35k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 37% Electronics 14%
Cumberland Farms Shops & Services
16,996 visits/mo 0.1 miles
Dunkin' Donuts Dining
11,512 visits/mo 0.2 miles
Verizon Electronics
4,932 visits/mo 0.2 miles
SUBWAY Dining
1,437 visits/mo 0.2 miles

Demographics for 01033, MA

6,092
Population
2,768
Households
2.2
Avg Household Size
47
Median Age
37%
College-Educated
94%
High-School Grad
27.8 sq mi
ZIP Area
219
Density / Sq Mi
$110,188
Median Household Income
$65,625
Median Earnings
$319,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Similar Off Market Nearby

  • Get Movin' Fitness & Nutrition Solutions 577 Granby Rd, South Hadley, MA 01075
  • CVS Pharmacy 70 W State St, Granby, MA 01033
  • Terese Girard-Majka 70 W State St, Granby, MA 010339450
  • CVS 70 W State St, Granby, MA 01033

Frequently Asked Questions

What type of property is this?
Drug store - Four retail assets are leased to CVS under absolute net lease structures across three states.
Where is this drug store located?
The property is located at 70 W State St. Granby, MA.
What are key features of this property?
This property features: Four CVS drug store properties across three states; Approximately 52,005 square feet of combined retail space; Absolute net leases with CVS responsible for repair and maintenance
More about this property
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