Coming SoonRetailTriple Net (NNN)
CVS Pharmacy NNN — Los Angeles, CA
11900 Santa Monica Blvd, Los Angeles, CA 90025
Financial Highlights
Purchase Price
$5,200,000
Cap Rate
7.0%
NOI
$364,000
About This Deal
Freestanding CVS Pharmacy with drive-through on a signalized intersection in West Los Angeles. Corporate-guaranteed 15-year NNN lease with 2.5% annual rent increases. High-barrier-to-entry market with strong demographics — 200,000+ population within a 3-mile radius. Absolute NNN structure with zero landlord obligations.
Tenant Overview
Tenant
CVS Health Corporation (CVS)
Lease Type
Triple Net (NNN)
Lease Term
15 years
Fee Transparency
See exactly how much more of your capital goes to work with No Load.
You Keep More of Your Returns
$936,000
saved vs. a traditional syndication charging 18.0% in fees
More money
in your pocket
in your pocket
Traditional Syndication
Acquisition Fee$104,000
Platform Fee$182,000
Broker Commission$234,000
Legal & Structuring$130,000
Loan Origination$78,000
Asset Management$78,000
Disposition Fee$78,000
Total Fees$936,000
No Load Real Estate
Acquisition Fee$0
Platform Fee$0
Management Fee$0
Disposition Fee$0
Total Fees$0