CVS | Glendale, AZ
$6,620,000
18591 N 59th Ave. Glendale, AZ
This CVS location ranks among the top 10% CVS of stores in Arizona and in the top 20% of all CVS stores across the US over the last 12 months.
The lease has ±20 years of primary term remaining with three 5-year renewal options. Each renewal option includes a ±10% rent increase.
8.6 MSF or retail, 3.1 MSF of office and 8,896 multifamily units within a 3-mile radius of the subject property.
CVS recently agreed to extend the lease to 2042 and provide a corporate guaranty from CVS Health Corporation.
This 24-hour CVS location features a MinuteClinic and serves as a HealthHUB Store.