Bonyton Beach, FL/Boynton Beach
FL

Offering Summary

GENERAL

Property Address

12750 S Military Trail, Boynton Beach, FL 3343

Property Type

Absolute NNN

Buliding size

12,420 ± SF

Land Acreage

FINANCIAL

Price

$6,063,500

Cap Rate

6.00%

Current NOI

$363,810

LEASE

Lease Term

12 years

Lease Expiration

2029-01-31

Overview

  • Built in 2003 - 25 Year Base term with 12 Years Remaining with 10 Five (5) Year Options - Absolute NNN Zero LL responsibilities - Investment Grade Tenant - Tax Free Location
  • CVS Health Corp together with its subsidiaries is one of the largest pharmacy health care providers in the United States - CVS is unique among the big retail drugstore chains in that it operates its own pharmacy benefit management, and is thus, an integrated pharmacy health care provider
  • Boynton Beach is in Palm Beach County, Florida, United States. West Palm Beach is one of the three main cities in South Florida. The area that was to become West Palm Beach was settled in the late 1870s and 1880s by a few hundred settlers who called the vicinity "Lake Worth Country." These settlers were a diverse community from different parts of the United States and the world. Today, West Palm Beach offers visitors year-round excitement within easy reach of smooth-sand beaches and some of the nation' s most enticing waterways. With sunny skies, nearly perfect year-round weather and a range of outdoor and cultural attractions, West Palm Beach presents the ideal setting for a weekend escape.