Drugstore For Sale
10,000 Sq Ft
Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer for sale this Zero Cash Flow CVS pharmacy (NYSE:CVS) located in the Richmond suburb of Moseley, Virginia. The Tenant, CVS Health Corporation, has 23 years remaining on a long-term NNN lease. The lease is guaranteed by CVS Health Corporation, who is investment
grade, rated “BBB” by Standard & Poor’s. CVS Health Corporation ranks eighth in the Fortune 500 with $195 billion in revenues, a five percent increase over last year as it closed its $70 billion acquisition of insurer Aetna. The loan in place must be assumed by a potential purchaser.