7575 Osceola Polk Line Rd Davenport, FL 33896

This exceptional investment opportunity presents a fee-simple ownership of a 12,955-square-foot CVS Pharmacy in Davenport, Florida. Built in 2005, this stabilized property boasts a triple-net (NNN) lease with a corporate guarantee from CVS Pharmacy, a tenant with an investment-grade rating (S&P: BBB) and a market capitalization exceeding $71 billion. The current lease, commencing August 29, 2005, and expiring January 31, 2031, has a remaining term of 6.2 years, with three, five-year renewal options. The property features a 6.47% cap rate and a strong net operating income (NOI) of $388,308, with rent bumps of 2% per option period. Situated on a 1.45-acre lot at a hard corner with a four-way signalized intersection, the property enjoys high visibility and accessibility, with aggregate traffic counts of 36,200 AADT. Two access points are available, one on Osceola Polk Line Road and another on S Old Lake Wilson Road. The location is highly desirable, within a world-class resort community near major attractions like Walt Disney World (15 minutes away), I-4 (1.5 miles), and Champions Gate (2 miles). The property benefits from proximity to a Publix-anchored shopping center, Wawa, and ALDI, along with other national retailers. This CVS Pharmacy includes a Minute Clinic and HealthHUB, and ranks in the top 20% of all Florida drugstores based on annual visits (Placer.ai data). The asking price is $6,000,000, translating to $463.14 per square foot. This is a prime opportunity for investors seeking a stable, high-performing asset in a rapidly growing market. The APN is 35-25-27-3160-000C-0125.