CVS Health (NYSE: CVS) is a public company headquartered in Rhode Island. CVS Pharmacy is an American pharmacy retailer and currently stands as the second largest pharmacy chain in the United States with more than 7,600 stores, and is the second largest US pharmacy based on total prescription revenue. As the retail pharmacy division of CVS Health, it ranks as the 10th largest company in the world according to Fortune 500.
The subject property is a net lease located in Jonesboro, GA. With convenient access off US Highway 41, this CVS Pharmacy is situated on a hard signalized corner with traffic counts of over 59,590 cars per day. It is surrounded by several national and regional retailers including: Kroger, Golden Corral, Arby’s, Domino’s Pizza, Burger King, Wendy’s, Waffle House, Dollar General, Chevron, and Quik Trip
The outstanding demographics of this area (population of approximately 150,000 within 5 miles) are enhanced by the numerous schools, regional tourism, and heavy traffic flow. All of which add to the appeal of this CVS Pharmacy investment.