CVS Pharmacy

CVS Pharmacy Tenant Report

CVS HEATH CORPORATION (NASDAQ: CVS) together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. The Pharmacy Services segment offers pharmacy benefit management services, such as plan design and administration, formulary management, discounted drug purchase arrangements, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network management services, prescription management systems, clinical services, disease management, and medical spend management services. It serves employers, insurance companies, unions, government employee groups, managed care organizations and other sponsors of health benefit plans, and individuals under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS/pharmacy, RxAmerica, Accordant, SilverScript, and Novologix names. The Retail Pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, seasonal merchandise, greeting cards, and convenience foods, as well as provides photo finishing services. The company also offers infusion and enteral nutrition services.

As of December 31, 2015, it operated 9,655 retail drugstores, 1,135 health care clinics, 32 onsite pharmacies, 24 retail specialty pharmacy stores, 11 specialty mail order pharmacies, 4 mail service dispensing pharmacies, and 83 branches, including 73 ambulatory infusion suites and 6 centers of excellence located in 40 states, Puerto Rico and the District of Columbia. The company was founded in 1892 and is headquartered in Woonsocket, Rhode Island. For the fiscal year ended December 31, 2015, CVS reported net revenues of $153.29 billion (up 10% from 2014) with a net income (up 12.8% from 2014) of $5.24 billion and shareholders’ equity of $37.20 billion. For the fiscal year ended December 31, 2015 CVS is rated “BBB+” by Standard and Poor’s.

Tenant City State Years
Remaining
Price Status
NNN CVS Pharmacy Goshen IN 20+ $5,000,000 Available
NNN CVS Pharmacy Midlothian VA 22 $5,400,000 Available
NNN CVS Pharmacy Elgin TX 22 $5,480,000 Available
NNN CVS Pharmacy El Paso TX 22.5 $8,182,000 Available
NNN CVS Pharmacy Mission Hills CA 9.5 $9,168,000 Available
NNN CVS Pharmacy Cypress TX 14.5 $4,915,329 Available
NNN CVS Pharmacy Miami FL 25 $18,750,000 Available
NNN CVS Pharmacy Dickson City PA 14.5 $5,191,072 Available
NNN CVS Pharmacy San Diego CA 20 $10,000,000 Available
NNN CVS Pharmacy Cypress TX 14.5 $4,915,329 Available
NNN CVS Pharmacy Philadelphia PA 20 $7,789,472 Available
NNN CVS Pharmacy Kissimmee FL 25 $8,471,000 Available
NNN CVS Philadelphia PA 20 $7,789,472 Available
NNN CVS Pharmacy Windermere FL 17 $7,965,000 Available
NNN CVS Pharmacy Dickson City PA 14.5 $5,191,072 Available
NNN CVS Pharmacy Philadelphia PA 20 $7,789,472 Available
NNN CVS Sugar Land TX 25 $4,111,000 Available
NNN CVS Pharmacy Waretown NJ 13.5 $5,323,000 Available
NNN CVS Pharmacy Hollywood FL 25 $6,105,000 Available