CVS - West Hartford
Top Performing CVS | 42 Year Operating History | 9 Years Remaining
Marketing description
1099 New Britain Avenue is a single-tenant, net-leased commercial property 100%
occupied by CVS Pharmacy, a nationally recognized and creditworthy tenant. The
lease runs through January 31, 2035, with four additional five-year extension
options, providing long-term income visibility. CVS recently executed a 10-year
lease extension, underscoring its commitment to the location. CVS has been at this
location since 1983! The property serves as the only 24-hour pharmacy in the
market, positioning it as an essential and top-performing asset in CVS's portfolio.
The net lease structure minimizes landlord responsibilities while delivering stable,
predictable cash flow, making this asset well suited for investors seeking long-term
income durability and capital preservation.
Investment highlights
Recent 10-Year Extension
42-Year Operating History
Only 24-Hour Store and Pharmacy in the Area
5% Bumps in Option Periods
Top Performing Store for CVS
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