CVS

• Demonstrated Site Commitment: CVS has already exercised two (2) of its original 5-year renewal options (extending the lease through January 31, 2030), demonstrating strong long-term operational dedication to this location.
• Corporate Guarantee: Fully guaranteed by CVS Health Corporation (S&P: BBB / Investment Grade).
• Drive-Thru Location: Equipped with a dedicated drive-thru lane, driving higher store sales and customer convenience.
• Capital Improvements: Roof was completely replaced in 2015 and is backed by a 15-year warranty, minimizing landlord CapEx exposure.
• Fee-Simple Ownership: Offers full land and building ownership with a fee-simple structure.
• NN Lease Structure: Low-management NN lease structure with $279,896 in annual Net Operating Income ($27.64/SF).
• No Rent Holiday: Features continuous, uninterrupted rental payments with zero rent holiday periods throughout the lease term and renewal options.
• Remaining Term & Renewal Options: Features ±3.5 years of lease term remaining through January 31, 2030, with two 5-year extension options remaining.