Aubuchon Realty Company, Inc
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CVS Pharmacy – Granby

70 W State St, Granby, MA

State

ma

Size

13,225 SF

Tenant

CVS Pharmacy

Description

This ground-lease is home to a CVS Pharmacy at the signalized intersection of Rt. 202 & Pleasant Street with 15,000 passing cars daily. In 2012, CVS signed a 20-year ground lease showing a long-term commitment to the Granby market.  The ground lease contains rare 5% bumps every 5 years during the initial term, and 10% bumps in the option years.  Strong area demographics feature 65k people in a 5-mile radius with limited retail options.