CVS NNN — Lakewood Ranch, FL

Updated July 18, 2026

$12,762,626 · 5.75% CAP · 20 YRS

New-construction CVS with a fresh 20-year absolute-net corporate lease serving the Lakewood Ranch master-planned community. Six 5-year options carry 10% rent increases at the start of each.

Lease Abstract

Price

$12,762,626

Cap rate

5.75% CAP

NOI

$733,851

Term remaining

20 YRS

Lease type

Absolute NNN

Increases

10% at each option

Options

6, 5 Year

Guarantee

Corporate

Building

13,111 SF

Lot

1.43 AC

Year built

2026

Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.

Property Details

13,111 SF building, built 2026, 1.43 acres of land. $973/SF asking, $55.97/SF NOI. Rent increases: 10% at each option. Renewal options: 6, 5 Year. Corporate guarantee. Primary term ends around 2046 (20 yrs left at listing, Jul 2026).

Location

Lakewood Ranch, Florida. Full address and offering memorandum released on request — see our CVS tenant guide and the Florida market page for the underwriting context.