CVS Pharmacy Portfolio of 4

Various Cities - OH

LTV (Loan to Value)	65.00%	Current NOI	$82,885,429.00
Interest Rate	4.250%	Capital Rate	7.850%
Fixed Term	10 Years	Land Area	5.00 Acres
Amortization	25 Years	Lease Type	NNN
Loan Amount	$6,864,000.00	Property Type	Retail
Payment	$37,184.90	Property Lease	Drug Store
Bulding Size	43,084 SF	Remaining Terms	4.75 Years

Location Description

NNN Lenders is pleased to present to qualified investors the opportunity to purchase a fee-simple interest in four (4) CVS Pharmacy locations. The properties are located in four locations in Ohio and have an average of 4.75+ years remaining in base lease term. Each property is 100% leased to and guaranteed by CVS Health Corporation. For FY2014, ended December 31, 2014, CVS Health Corporation had total revenue of $139.36 billion and EBITDA of $10.72 billion and net income of $4.64 billion. As of March 31, 2015, CVS had total assets of $72.8 billion and a net worth in excess of $38.2 billion. CVS currently holds a Standard & Poor's credit rating of BBB+/Stable.

Highlights

Investment Grade Credit – The properties are leased to and guaranteed by CVS Health Corporation, an investment grade company with…

Property Description

Various cities throughout Ohio.