100 U.S. 41 Bypass N
CVS | Venice, FL | Hard Corner | High Traffic Counts | Trophy Location Strong Demographics | $7,200,
Marketing description
CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963.
The chain was owned by its original holding company Melville Corporation from its inception until its current parent company (CVS Health) was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. Its parent company ranks as the fifth largest U.S. corporation by FY2020 revenues in the Fortune 500. The parent company of CVS Pharmacy's leading competitor (Walgreens) ranked 19th for the same time period. CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards, and convenience foods through their CVS Pharmacy and Longs Drugs retail stores and online through CVS.com. It also provides healthcare services through its more than 1,100 MinuteClinic medical clinics as well as their Diabetes Care Centers. Most of these clinics are located within or outside CVS stores.
Venice is a city in Sarasota County, Florida, United States. The city includes what locals call "Venice Island", a portion of the mainland that is accessed via bridges over the artificially created Intracoastal Waterway. The city is located in Southwest Florida. As of the 2020 Census, the city had a population of 25,463, up from 20,748 at the 2010 Census. Venice is part of the Sarasota metropolitan area.
Venice, Florida, is primarily known as the "Shark Tooth Capital of the World," with beaches like Caspersen and Venice Beach famous for abundant, fossilized shark teeth. Often called the "Happiest Seaside Town in America," it is renowned for its historic 1920s downtown, Italian Renaissance-style architecture, charming shopping, and boating canals.
Investment highlights
- Trophy location - Property sits on a hard corner, traffic light regulated intersection with over 70,000 vehicles per day
- CVS has successfully operated at this location since 2000
- Very dense demographics with over 10,000 people in a 1 mile radius
- Convenient ingress/egress access from both E Venice Ave and Tamiami Trl
- Highly Desired Area - Venice Florida is located between Fort Myers and Sarasota
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