Exterior view of a CVS pharmacy store at dusk with illuminated signage and parked cars in the foreground, showcasing its presence in an unlevered portfolio.

CVS Unlevered Portfolio


February 2015


Drugstore, Retail

About this project

Recently negotiated and closed the sale of a nine property CVS portfolio with brand new locations in Texas and Washington, totaling over 120,000 square feet of retail space. The portfolio was offered free and clear of debt with 25 year leases in place with no rent holiday and 10 five year options to extend. All properties are supported by absolute triple-net leases with no landlord responsibilities.