CVS Pharmacy Absolute NNN Lease

CVS Pharmacy | Tifton, GA

Sands Investment Group is Pleased to Present Exclusively the CVS Pharmacy Absolute NNN Lease Investment Opportunity Located at 111 E 8th Street in Tifton, Georgia.

  • ~10 Years Remaining on a 25 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • In August 2020 CVS Installed a Brand-New Roof to the Building Demonstrating Their Long-Term Commitment to the Property
  • CVS Has a 3 Year Rent Holiday Occurring The Last 3 Years of the Initial Term
  • Highly Visible and Trafficked Site, Sitting on a Signalized Hard Corner of Love Avenue and East 8th Street, Which Sees a Combined Traffic Count of Over 13,480 VPD
  • Strong Demographics With Over 30,700 People Making an Average Household Income of $57,820 Within a 5-Mile Radius of the Property
  • Tifton, GA is Considered to Be the Regional Hub of South Georgia
  • Located About 1-Mile From the University of Georgia Southern Campus and Tift Regional Medical Center
  • Limited Competition in the Market
  • Nearby Tenants Include: Domino’s, Family Dollar, Walgreens, Arby’s, Dollar General, Big Lots, Anytime Fitness, Publix, Pizza Hut and More
  • Strong Corporate Guarantee From CVS Caremark (NYSE: CVS), Which Has an S&P Investment Grade Credit Rating of “BBB”
  • CVS is One of the Three Largest Drugstore Chains in the U.S.; The Tenant Has Over 9,900 Locations Across 49 States and Washington D.C., Puerto Rico and Brazil

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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