Listing Summary
We are pleased to present an exceptional investment opportunity with a CVS Pharmacy located in Mobile, Alabama. This property is an absolute NNN lease, providing a stable and passive income stream with zero landlord responsibilities.
Full Description
We are pleased to present an exceptional investment opportunity with a CVS Pharmacy located in Mobile, Alabama. This property is an absolute NNN lease, providing a stable and passive income stream with zero landlord responsibilities. The tenant, CVS, is a leading national retail chain with investment-grade credit, ensuring long-term financial stability and security for the investor. Mobile, Alabama, offers strong economic fundamentals and is experiencing continued growth in both population and employment. As the largest city on the Gulf Coast of Alabama, Mobile boasts a diversified economy, driven by industries such as healthcare, shipbuilding, aerospace, and logistics. With a population of over 190,000 people in the city and a strong metropolitan area, the region demonstrates solid demand for essential services, which CVS continues to provide. The area surrounding the property features a high-density residential neighborhood with excellent traffic flow, making this location a convenient and highly accessible destination for customers. Additionally, Mobile's strategic location along the Gulf of Mexico facilitates commercial growth, making the region a thriving hub for both business and tourism. This investment is ideal for those seeking a secure, long-term income stream backed by a high-credit tenant in a growing region with favorable demographics. With a stable and well-established retail anchor in place, this CVS property represents an attractive opportunity for investors seeking a low-risk, high-return investment.
Quick Glance
- Listing ID:
CL-Alabama-13628
- Status:
Active
- Year Build:
2004
- Building Size:
N/A
- Lot Size:
1.61 Acre