Youngsville, LA Retail Property For Sale

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Retail for Sale

Youngsville, LA 70592

Excellent location and visibility. Property currently being used as 2 separate suites, was designed for 5 individual suites of 800 sq. ft, 3 separately metered.

Retail for Sale

Youngsville, LA 70592

Exclusively offered by Stirling Investment Advisors, the property presents an opportunity to purchase a CVS ground lease with zero landlord responsibilities. This is an Absolute NNN lease with 11+ years of fixed-term remaining. Renewal options include Nine (9) - 5-year option periods increasing at a rate of 6% in each option.

The pharmacy is strategically located on a hard corner within a well-established retail corridor. The CVS outparcel sits in front of Rouses Market, a dominant regional grocery store chain. The building includes a drive-thru and multiple points of ingress and egress.

CVS dominates the market and is the largest pharmacy care provider in the United States with offerings across the entire spectrum of pharmacy care. It operates in 49 states as well as Puerto Rico and the District of Columbia. It employs over 203K people and recently announced it was adding much-needed labor to its workforce. This is an investment opportunity that will provide stabilized income for many years.

Investment Highlights

Absolute NNN Leasehold - Manage with Ease

11+ Years Remaining on Absolute NNN Lease - Zero Landlord Responsibilities

Renewal Options totaling 45 years

Nine (9) - 5-Year Renewal Option Periods

Fixed 6% Rental Increase at Each Option

Iconic Asset and Pride Owning America’s #1 Retail Drugstore Chain

Superior Retail Location in Youngsville, LA

Strategically Positioned Outparcel Located on Hard-Corner

Located in Front of Rouses Market - A Dominant Regional Chain

Multiple Points of Ingress & Egress | Drive-Thru Pharmacy

Strong Demographics - Avg. HH Income: $86,414 within a 1-Mile Radius

Excellent 1031 Exchange Asset

Investment Grade Tenant / S&P: BBB/Stable Guaranty (CVS)

Investment Grade Credit - Reliable Income Streams

Stable Income - Fixed Rental Increases At Each Option

$55+ Billion in CVS Corporate Revenue - Net Income in Excess of $1.6+ Billion

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