CVS is the largest healthcare provider in the U.S. with more than 295,000 employees and over 9,900 stores serving over five million customers every day. The company’s robust financial profile includes a market cap of $73.1 billion, annual revenue of $194.6 billion, and an investment-grade ‘BBB’ credit rating from Standard & Poor’s (S&P). Backed by a corporate guaranty from CVS Corporation, this offering provides the opportunity to acquire a property leased to a committed, industry-leading tenant with investment-grade credit operating on a long-term lease.
JLL is pleased to exclusively offer the opportunity to acquire one of the top performing CVS Pharmacy locations in Bucks County, Pennsylvania (the “Property”). Located in Levittown, PA, a suburb of Philadelphia, this CVS has more than 18 years of remaining lease term and one (1) five (5) year option in place. The Property is conveniently situated adjacent to a fully signalized, five-way intersection that is exposed to nearly 31,000 VPD.