CVS Pharmacy - No Rent Holiday - Absolute NNN

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to purchase a single tenant CVS Pharmacy in Batavia, NY. The absolute NNN lease has over 9 lease years remaining in the primary term and six 5-year option periods with 5% rent increases every option period making this asset ideal for an investor seeking effortless returns for years to come. The 11,978 SF building with drive-thru is strategically located on the hard corner signalized intersection of W Main Street (33,400+ VPD) and S Lyon Street and is within a mile from Batavia Downs Gaming and Hotel and numerous retail attractions. Batavia Downs is a premier entertainment destination with an expansive casino, hotel, horse racetrack, concert amenities and more. Town Center at Batavia, a 400,000 SF shopping mall, is anchored by Target, Kohl’s, Dick’s Sporting Goods and ULTA Beauty. Other nearby retailers include Walmart Supercenter, The Home Depot, BJ’s Wholesale Club, Top’s Friendly Markets, McDonald’s, Chipotle, Five Guys, Dunkin’ and Taco Bell. This is an excellent opportunity to own an absolute NNN leased CVS between Buffalo and Rochester New York with long term operating history, no landlord responsibilities and rent increases every option and a corporate guaranty period providing years of worry-free income.