CVS | Johns Island, SC
Sands Investment Group is Pleased to Exclusively Offer This CVS Absolute NNN Lease Investment Opportunity Located in Johns Island, South Carolina, a Suburb of Charleston.
- 16 Years Remaining on an Absolute Triple Net (NNN) Lease Investment Opportunity With Zero Landlord Responsibilities
- CVS Recently Extended Their Initial Lease Term For 10 Years – Showing Strong Commitment to This Location
- Attractive Rent Increases – Increasing 5% at Each of the Four (4) Option Periods
- Strong Sales, Increasing Year Over Year
- Corporate Guarantee From CVS Health Corporation (NYSE: CVS), S&P Investment Grade Credit Rating of “BBB”
- Established, High Credit Single Tenant Pharmacy Store – CVS Has Over 9,600+ Locations Scattered Across 49 States and Washington DC, Puerto Rico and Brazil
- CVS Pharmacy Fills or Manages More Than 1.9 Billion Prescriptions Every Year
- Excellent Demographics – Affluent Neighborhood of Over 70,778 People Making an Average Household Income of $78,124 Within a 5-Mile Radius
- Located Within a Dense Retail Corridor on Johns Island on a Hard Signalized Corner With Great Visibility and Access From Maybank Highway and River Road With a Combined Traffic Count of Over 27,029 VPD
- Situated Along Main Thoroughfare to and From Downtown Charleston
- Located Approximately 7.5-Miles (15 Minute Drive) to Downtown Charleston
- Central Location – Southeast Corner of the Maybank Highway and River Road Intersection – Convenient to Kiawah/Seabrook Luxury Markets
- Maybank Corridor of Johns Island is Seeing Unprecedented Population and Commercial Growth
- Nearby Tenants Include: Food Lion, Dunkin’ Donuts, Pinnacle, Speedway, Dollar General, JI Pizza, Maria’s Mexican Grill, Low Tide Brewing and United States Postal Office
In Cooperation with Sands Investment Group Charleston, LLC – Lic # 20891
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