CVS- Greenwood, SC

Investment Grade Tenant – CVS Health (S&P: BBB). Corporate-guaranteed lease from CVS Health, providing institutional-quality credit and long-term income security.
Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities.
Long-Term Lease Structure – Just Under 7 Years of Remaining Lease Term – Secure in-place income with meaningful term remaining, and rental increases in the renewal options to combat inflation.
Proven Location – CVS has operated at this site for over 26 years demonstrating sustained performance and commitment to the site.
High-Visibility Corner Location – Situated on over an acre along a dense retail corridor at a signalized intersection with strong traffic counts and excellent access.
Highly Trafficked Corridor – This stretch of the Bypass sees over ±24,700 VPD.
Surrounding National Retailers – Dominant Retail Trade Area with National Co-Tenancy Located near major national retailers including Walmart, Hobby Lobby, Dollar General, McDonald’s, Starbucks, and Chick-fil-A, driving consistent consumer traffic to the area.
Healthcare-Driven Demand – Proximity to Self-Regional Healthcare (358 Beds). Located near a major regional medical center, supporting consistent pharmacy demand and daily traffic from patients and healthcare professionals.
Greenwood SC–Greenwood serves as a regional hub for healthcare, retail, and education in Upstate South Carolina, drawing consumers from surrounding rural communities. The area benefits from a stable employment base, anchored by healthcare, manufacturing, and education sectors, supporting consistent population demand and retail performance.
Necessity-Based Retail – CVS benefits from in-person prescription services and essential retail offerings, insulating the asset from online competition.
Strong Lease Continuity & Renewal Upside — While the current base term has under 10 years remaining, the lease includes two (2) five-year renewal options with scheduled rental increases. The tenant has successfully operated at this location since 1999, demonstrating strong site performance and a high likelihood of continued occupancy.

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Kyle Matthews