Property Description
SECURE INCOME STREAM
- Over 12-Years Remaining on 20-Year Lease Extension – 27+ year operating history with established customer base
- Hard Corner at Signalized Intersection with 48,100 VPD – Large 1.37 acre parcel with multiple access points and excellent visibility
- Investment Grade Credit Rated Tenant – Rated ‘BBB’ by Standard & Poor’s
- CVS is the Largest Pharmacy Chain in the U.S. – Over 9,900 locations across 49 states, the District of Columbia and Puerto Rico
- $97.7 Billion in Revenue in 2024 – A 4.2% increase over 2023 revenue
- Smaller Format Footprint with Drive-Thru Pharmacy – 10,125 SF build-to-suit with recently restriped and seal coated parking lot
PROXIMITY
- 126,320 Residents in Primary Trade Area – $90,197 average household income
- Population Increased 19% Since 2000 – 127,621 total daytime population
- 2.5 Miles to Auburn University at Montgomery – 5,189 enrolled students and 576 employees
- Minutes to 330-Acres Mixed-Use Development The Shoppes at Eastchase – With 1M SF of retail space, 4 hotels and class A office buildings
- Montgomery is the Capital of Alabama and Home to Maxwell Air Force Base – With 25,000 living on the base and Gunner Annex and Air University with 20,000 students
