590 NILLES RD, FAIRFIELD, OH 45014-2606

Marcus & Millichap is pleased to offer for sale the fee simple interest in a 10,855-square-foot drive-through pharmacy (the Property) in Fairfield, OH, in which CVS has over 13 years remaining on its corporately guaranteed absolute net lease. The lease features six 5-year renewal options with a 5 percent rent increase at the beginning of each option.

CVS sits on the northwest corner of the 33,300+ AADT signalized intersection of Nilles Road and U.S. Highway 127 (Pleasant Avenue), beside Burger King and Arby’s and across from a Kroger-anchored retail center. Bank of America is building a new branch 0.4 miles east, and Minnick’s Drive-Thru has approval for a new drive-through c-store 0.6 miles northwest.

Fairfield is located 17.9 miles north of downtown Cincinnati along U.S. Highway 127 and is home to the headquarters of Cincinnati Financial Corporation. Koch Foods, Allied Group and Mercy Health Fairfield Hospital are other major local employers.

Ranked No. 5 on the Fortune 500 List, CVS Health (NYSE: CVS) is a leading healthcare company operating approximately 9,000 retail pharmacies and employing over 300,000 people including 27,000 community pharmacists.

This property offers the ease and security of a 13-year absolute net lease with renewal options as well as the long-term potential of a large corner parcel on a busy U.S. highway retail intersection in a growing county within the Cincinnati MSA.