CVS Pharmacy
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Tenant: CVS Pharmacy
Premises: 13,279 SF
Renewal Options: 10 x 5 Years

Lease Expiration: 1/31/34
Lease Type: Absolute NNN
Rental Increases: At Options

 

  • 100% Occupied Single Tenant Absolute NNN CVS With 17 Years Remaining on Initial 25 Year Term
  • Ten (10) x Five (5) Year Renewal Options
  • Located Along a Major Retail Corridor
  • Limited Competition in Surrounding Area – Nearest Pharmacy Over 2 Miles Away
  • Outstanding Location Along Grayson Hwy – Over 30,000 VPD
  • Walking Distance to Silver Oak Subdivision – 115 Single Family Homes Covering 9 Acres
  • Signalized Intersection in Dense Residential Area – Population of 165,000 in 5 Mile Radius
  • Nearby Tenants Include: Ingles Market, Kroger, Fitness 19, Columbus Finance, Nationwide Insurance and Kumon Tutoring

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In Cooperation with Sands Investment Group Atlanta, LLC Lic # H-67374

Tenant Overview

CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island. It was originally named the Consumer Value Store and was founded in Lowell, Massachusetts in 1963. The chain was owned by its original holding company Melville Corporation since its inception until its current parent company CVS Health was spun off into its own company in 1996.

CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,700) and total prescription revenue. As the retail pharmacy division of CVS Health, it ranks as the 7th largest U.S. corporation according to Fortune 500 in 2016. CVS Pharmacy’s leading competitor Walgreens Boots Alliance ranked 37th.

Area Overview

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