CVS/Pharmacy – Zero Cash Flow
2775 Godwin Blvd.
Suffolk (Hampton Roads MSA), VA
- Rentable SQFT:
- 12,295 SF
- Year Built:
- Lot Size:
- 1.558 +/- Acres
- Lease Type:
- Absolute NNN
- Investment Grade Tenant, Rated BBB by S&P
- Assumable Non-Recourse Debt with Only a 18% Equity Requirement
- Fully-Amortizing Debt
- 82% Return-to-Equity through Amortization in the First 5-Years of the Lease
- 23-Years Remaining on Original 25-Year Absolute NNN Lease
- Located Across from Sentara Obici Hospital
- $94,426 Average Household Income within a One-Mile Radius
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