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Drug Store

CVS / Pharmacy

6635 Belair Road, Baltimore, MD 21206

Listing Price: $1,938,000

Cap Rate
5.47%
Tenant Name
CVS/pharmacy
Years Remaining On Lease
7.0
Gross SF
14,110
Guarantor
Corporate Guarantee
Rentable SF
14,110
Price/Gross SF
$137.35
Lease Type
Double Net
Rent Per Square Feet
$7.51

Investment Overview

CVS Health Corporation (NYSE : “CVS”) is the largest retailer of prescription drugs and the second largest pharmacy benefits manager in the United States. It has over 9,900 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with approximately 94 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and continually expanding specialty pharmacy services.

Investment Highlights

  • NET LEASE WITH CORPORATE GUARANTY TO NATIONAL TENANT WITH STRONG FINANCIALS - 7 Yrs Remaining Plus 5 Yrs. x 3 Options
  • TOP-PERFORMING SORE WITH LONG HISTORY OF TENANCY
  • HIGHT-TRAFFIC LOCATION IN ROBUST RETAIL CORRIDOR - 29,102 VPD

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) MD: 5005538

    Maryland

Drug Store

CVS / Pharmacy

Listing Price: $1,938,000

Cap Rate
5.47%
Tenant Name
CVS/pharmacy
Years Remaining On Lease
7.0
Gross SF
14,110
Guarantor
Corporate Guarantee
Rentable SF
14,110
Price/Gross SF
$137.35
Lease Type
Double Net
Rent Per Square Feet
$7.51

Investment Highlights

  • NET LEASE WITH CORPORATE GUARANTY TO NATIONAL TENANT WITH STRONG FINANCIALS - 7 Yrs Remaining Plus 5 Yrs. x 3 Options
  • TOP-PERFORMING SORE WITH LONG HISTORY OF TENANCY
  • HIGHT-TRAFFIC LOCATION IN ROBUST RETAIL CORRIDOR - 29,102 VPD

Investment Overview

CVS Health Corporation (NYSE : “CVS”) is the largest retailer of prescription drugs and the second largest pharmacy benefits manager in the United States. It has over 9,900 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with approximately 94 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and continually expanding specialty pharmacy services.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): MD: 5005538

    Maryland

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