955 N 21st St, Newark, OH 43055 For Sale

25+ Year Operating History | Options to Extend | Corporate Guaranty | 6 (5-Year) Renewal Options | Investment Grade Tenant (S&P: BBB)

• CVS has operated at this location for 25+ years

• Successful long-term history at this location; CVS recently exercised their second 5-year option, demonstrating their long-term commitment to the site

• The lease is corporate guaranteed by CVS Corporation, an investment grade (S&P:BBB), well-established tenant

• CVS is America’s leading retail pharmacy with nearly 216,000 employees and 10,000 locations, including over 1,700 pharmacies inside of Target and Schnucks grocery stores

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises

• No landlord responsibilities

• Ideal, management-free investment for a passive investor

Signalized, Hard Corner Intersection | State Highway 16 & 79 | Surrounding National/Credit Tenants | Excellent Visibility & Access

• The asset is strategically located at the signalized, hard corner intersection of N. 21st St. & Meadowbrook Dr. averaging 32,800 vehicles per day

• The immediate trade area is supported by surrounding national/credit retailers such as Walmart Supercenter, Kroger, The Home Depot, and more

• Located one mile from State Highway 16 (47,200 VPD) and State Highway 79 (31,000 VPD), providing direct on/off ramp access for travelers

• The asset has excellent visibility and multiple points of ingress/egress

Local Demographics In 5-mile Trade Area | Columbus MSA

• More than 73,000 residents and 34,000 employees support the trade area

• $87,992 average household income

• Just under 40 minutes from Columbus, OH

Placer.io Data | High-Performing Location

• According to Placer.io, this location ranks in the top 40% of all CVS stores nationwide and in the top 19% of all Ohio locations

• CVS added a minute clinic to this location in 2015