December 2022

Recently Sold – CVS, Lakeland, FL

Exterior view of a CVS Pharmacy store in Lakeland, Florida at dusk, featuring illuminated red signage and a clear sky.

Thomas Company is pleased to announce the recent sale of a CVS in Lakeland, Florida. The asset totals 11,945 square feet with 12 years remaining on the term. The list price was approximately $6 million.

Key Highlights

  • CVS Health Corporation (S&P: BBB, NYSE: CVS), together with its subsidiaries, is one of the largest pharmacy health providers in the United States, operating more than 9,900 retail drugstores in the United States, Puerto Rico, and Brazil.
  • The property is subject to an absolute NNN lease where the tenant has responsibility for all repair and maintenance of the Property, and the Landlord has no responsibility.