CVS Is Building New Stores and NNN Investors Are Buying Them

November Capital  /   November 30, 2022

CVS is building new stores and investors are buying them. 

  • 10/25/2022 – San Antonio, TX – CVS constructed in 2019 sells for $6.8M (4.50% Cap Rate)
  • 7/27/2022 – Baltimore, MD – CVS constructed in 2020 sells for $13.4M (5.00% Cap Rate)
  • 5/18/2022 – Whitehall, PA – CVS constructed in 2019 sells for $3.4M (4.50% Cap Rate)
  • 3/18/2022 – Philadelphia, PA – CVS constructed in 2021 sells for $10.2M (4.90% Cap Rate)
  • 1/5/2022 – Denver, CO – CVS constructed in 2022 sells for $18.1M (4.49% Cap Rate)
  • 10/4/2021 – Edenton, NC – CVS constructed in 2021 sells for $5.73M (4.89% Cap Rate)