70 N University Dr, Pembroke Pines, FL 33024

CVS Pembroke Pines, FL <br><br>Strong sales, positive trend - 4.6% rent to sales in 2009<br>No existing debt to assume<br>High traffic location - 54,000 AADT along Pines Blvd<br>Densely populated trade area<br>Pad to Lowe's center<br>Location:<br><br>70 N University Drive<br><br>Pembroke Pines, FL 33025<br><br> <br><br>Investment Highlights:<br> <br>Price:<br> $4,420,000<br> <br>Cap Rate:<br> 7.40%<br> <br>Annual Rent:<br> $327,026 <br> <br>Rent psf:<br> $23.73 sf <br> <br>Rent Increases:<br> In Options <br> <br>GLA:<br> 13,780 sf <br> <br>Land Area:<br> 1.40 acres <br> <br>Lease Commencement:<br> 8/1/2003 <br> <br>Lease Expiration:<br> 8/31/2023 <br> <br>Lease Type:<br> NN <br> <br>Landlord Responsibilities:<br> Roof & Structure <br> <br>Options:<br> Four 5-year <br> <br>Store Built:<br> 2003 <br> <br><br><br/><br/>Brokered And Advertised By: Aventura Brokers<br/>Listing Agent: Julian Ordonez