Recently Sold – 18 Property CVS Portfolio

Thomas Company is pleased to announce the successful sale of an 18 property CVS Pharmacy portfolio. Each property was structured as a zero-cash-flow investment, presenting a unique opportunity for the buyer to acquire a large-scale portfolio with minimal equity requirements. This transaction showcases Thomas Company’s expertise in structuring and executing zero-cash-flow deals, delivering strategic outcomes that create value for all parties involved.

Key Highlights

• The portfolio, consisting of 18 CVS Pharmacy properties, totaled approximately 261,000 square feet across prime U.S. markets. All properties are backed by bondable absolute triple-net leases with no landlord responsibilities.
• This portfolio consisted of mature zero-cash-flow assets generating significant phantom income for the owner. Due to the owner’s preference, the offering was marketed discreetly. Thomas Company successfully navigated challenges, including defeasance, entity restructuring, multiple extensions, and a rigorous due diligence process.

For more information on similar investment opportunities, please contact Jeffrey Thomas at Thomas Company.