CVS Pharmacy – Akron
Tenancy Type: National
Lease Type: NNN
Address: 235 E. Cuyahoga Falls Avenue
The Cooper Commercial Investment Group is pleased to announce the sale of the corporately backed CVS Pharmacy location in Akron, Ohio. CVS executed an early extension for an additional 20 years, leaving over 18.5 years of lease term remaining on their NN lease.
Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the Seller, a private investor out of Ohio. The private Texas investor purchased the property for $2,135,600, representing a 6.00% CAP Rate and 92% of the original list price. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.