CVS Pharmacy Portfolio of 3

Three Locations in Two States -

LTV (Loan to Value)	65.00%	Current NOI	$917,051.00
Interest Rate	4.250%	Capital Rate	6.000%
Fixed Term	10 Years	Land Area
Amortization	25 Years	Lease Type	NNN
Loan Amount	$9,934,718.95	Property Type	Retail
Payment	$53,820.16	Property Lease	Drug Store
Bulding Size	0 SF	Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a portfolio of three (3) freestanding CVS Pharmacy properties.These properties are located in Las Vegas, Nevada; Mesa, Arizona; and Chandler, Arizona. Each lease is 100% guaranteed by CVS Health Corporation with lease terms of 13.5 to 14.5 years remaining. The average remaining term on the portfolio is 13.8 years. Each property is well located on a signalized corner with excellent demographics (population of more than 100,000 within a 3-mile radius of each property).For the 12 month period ending December 31, 2014, CVS Health Corporation (NYSE: CVS) had total revenue of more than $139.3 billion, net income of $4.6 billion and a net worth in excess of $37.9 billion. CVS Pharmacy currently operates more than 7,800 stores across the country with over 26,000 pharmacists. 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

Each property is located on a signalized corner with strong traffic counts, good visibility and easy access. In addition, each CVS location is within 3 miles of a hospital or medical center and benefits from favorable demographics.