Redefining Perceptions

about Real Estate Auctions

Call Us Today! 312-278-0600

Shreveport, LA - NNN Leased CVS Store

2755 Hollywood - Shreveport, LA

Description

Absolute NNN Lease: Corporate CVS Backed. 3+ years of primary term remaining with four 5-year renewal options - NO LANDLORD RESPONSIBILITIES

Why Buy This Property

This investment opportunity is a 11,200 square foot free standing CVS Pharmacy located in Shreveport, Louisiana. The property is on a 20-year absolute NNN lease which commenced in 1998. The lease calls for increases every 5 years through its four option periods. The property is ideally positioned at the signalized intersection of Hollywood and Hearne (US-171) Avenues providing excellent visibility with exposure to daily traffic counts of over 8,500 venicles per day. The site provides excellent frontage and signage.

Property Location

Auction / Date / Time

Auction W/Webcast
November 04, 2015 1:00 P.M. Eastern Standard Time

Inspection Dates

The CVS is open for business. In order to inspect the building please call 312.953.9534

Auction Location

Webcast and in person at Fine & Company LLC, 747 Lake Cook Road, Suite 100W, Deerfield, IL 60015

Details

Certified Funds To Bid : $75,000

Buyer's Premium (Buyer's Fee) : 5% of the high bid

Contact Us

  Fine And Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-278-0600
  michael@fineandcompany.com

Request more information

Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input
Invalid Input

Other Information

Broker Participation : Buyer's Agent participation is invited!

A 1% referral fee will be paid to th REALTORĀ®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale.

Licensing : Renee Y. Jones Licensed Louisiana Auctioneer 1800, Louisiana Outdoor Properties, Inc. Licensed Louisiana Real Estate Broker Lic.#33609.A-CORP - Phone (318) 876-2622

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. You may dowload the Terms of Sale below.

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

Back To Top