CVS Ground Lease
Land | 1.88 acres
Marketing description
This offering presents the opportunity to acquire a CVS Pharmacy NNN ground
lease located at a signalized hard corner along Battleground Avenue, one of
Greensboro’s primary retail corridors. The property features approximately 17
years remaining on the current lease term, providing investors with long-term,
passive income backed by a nationally recognized, investment-grade tenant.
The site benefits from excellent surrounding demographics and retail synergy,
including its position as an outparcel to a strong Harris Teeter–anchored
shopping center. Battleground Avenue carries approximately 20,000 vehicles
per day, offering consistent exposure and accessibility. The surrounding trade
area is characterized by above-average household incomes, dense
residential neighborhoods, multifamily communities, and nearby assisted
living facilities that further support pharmacy demand.
Investment highlights
NNN ground lease with minimal landlord responsibilities
±17 years remaining on primary term
Investment-grade tenant (CVS Health, NYSE: CVS)
2017 construction – modern prototype with double drive-thru
Hard corner location with ±22,000 AADT on Battleground Ave
Outparcel to high-performing Harris Teeter shopping center
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