| CVS Health, the corporate guarantor of this lease, is the only investment grade credit tenant pharmacy (BBB rating from Standard & Poor's) |
| CVS has been operating in this location for more than 28 years and has a strong sales history that surpassed $19M in 2023 |
| CVS has recommitted to this location by renewing their lease early for an additional 10 years (thru 2034) plus 3 x 5yr. options with rental increases |
| Low rent at $13.93 per square foot, low price point, historically high sales, and located at a signalized intersection with great visibility |
| 50% of the roof was replaced in August of ’23 and has a 20yr manufacturer warranty in place |
| CVS’ lease structure offers a passive ownership opportunity with minimal landlord responsibilities and tenant reimbursing or paying expenses directly |
