Investment Grade Credit: Lease is guaranteed by CVS (NYSE: CVS), with a market cap of $94 billion and over 9,000 stores across the country. |
Long Operating History: CVS has been operating at this location for nearly 20 years, with an additional 20 years of option periods. |
This is the only national drugstore in town. The next closest CVS property is located over 12 miles away and closest Walgreens over 13 miles away. |
Income Tax Free State: Texas is one of nine states with no state income tax. |
Passive Ownership: CVS is operating on a NNN lease, with no landlord responsibilities, offering a passive income stream. |