CVS - Wilson, NC | MATTHEWS

Absolute NNN Lease: CVS ground lease investment in Wilson, North Carolina, offering passive ownership through an absolute NNN lease structure.
Below-Market Rent: Below-market annual rent of $85,085 ($8.40 PSF) may provide favorable basis positioning relative to replacement cost and comparable net lease opportunities, subject to investor underwriting.
Contractual Rent Growth: Lease includes favorable rental increases every five years, supporting contractual income growth over the hold period.
Accessible Price Point: Offered at a sub-$2 million price point, presenting an accessible entry point for private investors, 1031 exchange buyers, and net lease capital seeking smaller check-size acquisitions.
Substantial Land Component: Situated on a 1.86-acre parcel, providing a substantial land component relative to typical single-tenant retail pad developments.
Retail Synergy: Property benefits from location directly across the street from Food Lion Center, supporting visibility and proximity to an established retail draw and strong traffic.
Signalized Intersection: Positioned at a signalized intersection, which enhances site access, traffic flow, and overall retail functionality. ±43k VPD Airport Blvd + Nash St
Essential-Use Tenancy: Retail asset backed by a nationally recognized pharmacy tenant, combining essential-use tenancy with a low-management lease structure and durable cash flow stability.
Top Retail Corridor: Food Lion located directly across the street ranks within the top 15% nationally for visits per Placer.ai, reinforcing the strength of the surrounding retail corridor and consumer traffic patterns.

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Kyle Matthews