CVS
Corporate CVS Pharmacy | Over $625/SF Store Sales
Marketing description
Retail • 22,865 SF
Investment highlights
Corporate Guaranteed Lease with CVS – The property is 100% leased to CVS Health (NYSE: CVS), a nationally recognized drugstore chain and investment-grade company with a proven track record of financial strength and stability.
Established Location with Exceptional Performance – CVS has maintained a strong presence at this site for over 28 years, demonstrating long-term stability and commitment. The store consistently delivers outstanding results, generating annual sales of more than $11 million—significantly outperforming the national average.
Minimal Landlord Obligations – The property is secured by a triple-net lease structure, with the tenant responsible for insurance, property taxes, and common area maintenance. Ownership duties are limited exclusively to roof and structure, ensuring a highly passive investment.
Generous Parking Capacity – The subject property offers an impressive approximate total of 136 dedicated parking spaces, ensuring exceptional convenience and accessibility for both customers and employees.
Large Parcel with Expansion Potential – Spanning approximately 2.38 acres (over 100,000 sq. ft.), the property offers significant flexibility for future pad development or additional income-generating enhancements, creating long-term upside potential for investors.
Regional Draw with Limited Competition – Serving as a primary pharmacy destination for Trinity County, this CVS attracts both local residents and travelers. CVS is the dominant pharmacy in the area, benefiting from minimal direct competition.
Strong Retail Synergy – Positioned at a signalized intersection within grocery anchored Trinity Plaza Shopping Center, alongside national retailers such as Holiday Market, O’Reilly Auto Parts, Burger King, Ace Hardware, and Dollar General.
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