CVS PHARMACY PORTFOLIO – THREE PROPERTIESAvailable on an Individual or Portfolio Basis
Cleveland Heights, OH
North Royalton, OH
Hartsville, OH
PORTFOLIO OVERVIEW
PORTFOLIO OVERVIEW:
NET LEASE INVESTMENT OFFERING
Cleveland Heights
HartvilleNorth Royalton
Lease Term: 5 Years
Lease Expiration Dates: January 31, 2023
Lease Type: Absolute NNN – No Landlord Responsibilities
Renewal Options: Ten 5-Year
Tenants: CVS Pharmacy
Credit Rating: Investment Grade (S&P: BBB+)
LeaseExpiration Building Cap Property
Tenant City State Date Size (SF) NOI Rate Price Link Status
CVS Pharmacy Cleveland Heights OH January 31, 2023 10,159 SF $206,765 6.75% $3,063,000 View OM Available
CVS Pharmacy Hartville OH January 31, 2023 10,640 SF $185,512 6.75% $2,748,000 View OM LOI
CVS Pharmacy North Royalton OH January 31, 2023 9,175 SF $179,015 6.75% $2,652,000 View OM LOI
Total: 29,974 SF $571,292 6.75% $8,463,000
PORTFOLIOOVERVIEW:
PORTFOLIO OVERVIEW
NET LEASE INVESTMENT OFFERING
TENANT PROFILE
CVS PharmacyCVS Pharmacy is engaged in the retail drugstore business. The Company operates 9,700 locations in 49 states, the District of Columbia, Puerto Rico and Brazil. CVS Pharmacy is the nation’s second-largest drugstore chain and the third-largest pharmacy benefits manager. As a retail division of CVS Caremark, CVS Pharmacy retail locations sell prescription drugs and a wide variety of general merchandise including over-the-counter medication, beauty products and cosmetics, film and photo finishing services, seasonal merchandise and convenience foods. CVS Pharmacy also offers healthcare services through their MinuteClinic locations, most of which are located within their stores. CVS is headquartered in Woonsocket, Rhode Island and was founded in 1963.
CVS Pharmacy is a publicly traded company on the New York Stock Exchange (Symbol: CVS) with a market capitalization in excess of $86.5 billion. CVS is an investment grade rated tenant with a Standard & Poor’s rating of BBB+.
Website: www.cvs.comNumber of Locations: 9,700Stock Symbol: CVS (New York Stock Exchange)Standard & Poor’s Rating: Investment Grade -- BBB+ Market Capitalization: $86.5 billionEmployees: 130,000
TENANT OVERVIEW:
NET LEASE INVESTMENT OFFERING
PHOTOGRAPHS
NET LEASE INVESTMENT OFFERING
Cleveland Heights, OH
North Royalton, OH
Hartsville, OH
666 Dundee Road, Suite 1801Northbrook, IL 60062
www.bouldergroup.com
Randy [email protected]
Jimmy [email protected] Heights, OH
North Royalton, OH
Hartsville, OH
