Search
 

CVS Trade Maintains Net Lease Momentum

ORLANDO—Walgreens are always hot, but so is the CVS chain. Get the details on the latest net leased acquisition in a hot Florida market.

By Jennifer LeClaire | Updated on August 16, 2013

ORLANDO—Net leased properties are trading left and right in Florida. Earlier this week, Calkain announced it has closed $63 million worth of net leased portfolios in the past 45 days. Now, Boulder Group is announcing the $2.675 million sale of a single tenant CVS property in Orlando.

Located at 1201 E Colonial Drive, CVS is the sole occupant of the 10,767-square-foot retail building. The net leased property was developed in 1996 and is positioned at a signalized intersection that sees traffic volumes in excess of 73,500 vehicles per day.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.