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Prattville Plaza Shopping Center

Property price: $3,716,811 + Closing costs
*2% Commission

Prattville Plaza Shopping Center  newly constructed in 2009  the property’s difficult to replace location has provided CVS Pharmacy with a long term, dominant position with the market. Prattville is considered to be the highly sought after suburb of Montgomery affording its residence easy access to Montgomery with a high quality of life and good school system. The City of Prattville has invested significant resources into economic development and growth.

This is  Absolute Triple Net LeaseUnique “bondable” lease allows for absolutely zero landlord involvement. Tenant even pays property taxes and loan payment directly to lender allowing the investor to completely remove itself from any responsibility.

CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. It operates 9,655 retail stores in 49 states, the District of Columbia, Puerto Rico and Brazil. 

  • Status: For sale
  • Year Built: 2009
  • Building size: 13,225sqft (1228.64sqm )
  • Lot size: 1.49Acres (64904.4sqft)
  • Tenants: 1
  • Financial details

  • Monthly Rent: $26,436.136
  • Annual Gross Rent: $317,233.64
  • Real estate taxes: N/A
  • Insurance: N/A
  • Utilities: N/A
  • Repairs & maintanence: N/A
  • Lot sweeping: N/A
  • Pest control: N/A
  • Landscaping: N/A
  • Video monitoring: N/A
  • Fire protection: N/A
  • Cleaning services: N/A
  • Waste removal: N/A
  • Management fee: N/A
  • Administrative: N/A
  • Reserves/Replacement: N/A
  • Vacancy: N/A
  • Total Annual Expenses: N/A
  • Net Yearly Income: $317,233.64
  • Net Annual Return: 8.53%
  • Financial Expenses

  • 70% Loan To Property Price: $2,601.767.7
  • Equity: $1,115,043.30
  • Expected Interest: 5% fixed for 25 years
  • Monthly Return: $15,209.68
  • Annual Return: $182,516.16
  • Annual Interest Return: $123,092.79
  • Annual Principal Return: $59,422.40
  • Net Income After Financing Expenses: $134,717.48 (12.08%)
  • Net Income After Financing Expense and Principal Return: $194,139.88
  • Total Annual Return: 17.41%
Pacific Holdings
Real Estate Investments
6300 Wilshire Blvd #970
Los Angeles, CA 90048
Direct: 877-324-6904