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Drug Store

CVS | ABSOLUTE NET (NNN) | Cincinnati OH

7700 Hamilton Avenue, Cincinnati, OH 45231

Listing Price: $1,800,000

Cap Rate
7.00%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
2.5
Guarantor
Corporate Guarantee
Rentable SF
10,032
Lease Type
Absolute Net
Rent Per Square Feet
$12.56

Investment Overview

CVS Health is the nation’s premiere healthcare services company and largest U.S. pharmacy by total prescription revenue. The company was founded in 1963 and is headquartered in Woonsocket, Rhode Island. They employ more than 300,000 people and have an investment grade rating of ‘BBB’ by Standard and Poor’s. Through its more than 9,900 retail locations, 1,100 walk-in medical clinics, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. The company’s unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs.

Investment Highlights

  • Absolute Triple (NNN) Net
  • Corporate Guarantee
  • Corner Lot

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Drug Store

CVS | ABSOLUTE NET (NNN) | Cincinnati OH

Listing Price: $1,800,000

Cap Rate
7.00%
Tenant Name
CVS Pharmacy
Years Remaining On Lease
2.5
Guarantor
Corporate Guarantee
Rentable SF
10,032
Lease Type
Absolute Net
Rent Per Square Feet
$12.56

Investment Highlights

  • Absolute Triple (NNN) Net
  • Corporate Guarantee
  • Corner Lot

Investment Overview

CVS Health is the nation’s premiere healthcare services company and largest U.S. pharmacy by total prescription revenue. The company was founded in 1963 and is headquartered in Woonsocket, Rhode Island. They employ more than 300,000 people and have an investment grade rating of ‘BBB’ by Standard and Poor’s. Through its more than 9,900 retail locations, 1,100 walk-in medical clinics, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan, the company enables people, businesses and communities to manage health in more affordable and effective ways. The company’s unique integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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