CVS Pharmacy

Average Sale and Lease Details

Price Range 12mo avg: $4.19M – $4.97M
$/sf 12mo avg: $363.44
CAP Rate 12mo avg: 6.03%
NOI average: $286849
Lease Terms: 25yrs
Typical Lease Type: NNN
Building Size avg: 13254 SF
Lot Size avg: 2.07+/- acres

About CVS Pharmacy

CVS Health (NYSE: CVS) is a pharmacy innovation company helping people on their path to better health. Through our 9,700 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with more than 70 million plan members, and expanding specialty pharmacy services, we enable people, businesses and communities to manage health in more affordable, effective ways.

  • Headquartered in Woonsocket, RI
  • Largest pharmacy health care provider in the U.S.
  • Integrated offerings across the spectrum of pharmacy care
  • Approximately 243,000 employees in 50 states, the District of Columbia and Puerto Rico
  • CVS Health and MinuteClinic partner with more than 60 major health systems and health care providers across the country.
  • One of the nation’s largest PBMs, CVS Caremark serves nearly 90 million plan members.



Annual Reports

CVS Pharmacy Financial Highlights

S&P Credit Rating: BBB+
Moody’s Credit Rating: Baa1
Annual Revenue 2016: $81.1B
Annual Revenue 2015: $72.0B
Revenue Growth: 12.6 2015
Net Income $9.1B
Units (Dec. 2016) 9709
Average Units Volume: $8.35M

Sale Revenue and Store Units are reflecting CVS Retail/LTC Segment only.

As of December 31, 2016, our Retail/LTC Segment included 9,709 retail stores (of which 7,980 were our stores that operated a pharmacy and 1,674 were our pharmacies located within Target stores)

Recent Closings for CVS Pharmacy and Similar Tenants

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KW Net Lease Advisors