Cvs Pharmacy Properties For Sale
CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health.
Published Listings
45
Average Asking Cap Rate
6.6%
Based on 45 properties with cap rates
Highest Asking Cap Rate
10.0%
Combined Asking Prices
$225,958,063
Looking to buy a Cvs Pharmacy net lease property?
Tell us your target price range, preferred states and tenants, and purchase timeline. Include any exchange deadline so the team understands your search. For a specific listing, use its inquiry form to request availability, lease details, and offering materials.
Share your buying criteria45 PropertiesShowing 21 on this page
CVS Pharmacy
$83,205
4.2 years
CVS Pharmacy
$106,000
13.4 years
CVS Pharmacy
$174,866
4.5 years
CVS Pharmacy
$100,100
15.2 years
CVS Pharmacy
$186,751
6.1 years
CVS Pharmacy
$98,250
13.5 years
CVS Pharmacy
$151,000
13 years
CVS Pharmacy
$145,288
1.5 years
CVS Pharmacy
$161,838
11.3 years
CVS Pharmacy
$216,672
4.5 years
CVS Pharmacy
$234,243
Inquire
CVS Pharmacy
$201,982
8.5 years
CVS Pharmacy
$196,121
12 years
CVS Pharmacy
$238,315
12 years
CVS Pharmacy
$196,000
12.8 years
CVS Pharmacy
$210,500
11 years
CVS Pharmacy
$250,000
Inquire
CVS Pharmacy
$298,423
2.1 years
CVS Pharmacy
$220,000
7.5 years
CVS Pharmacy
$284,594
5.5 years
CVS Pharmacy
$273,265
5.1 years
About Cvs Pharmacy Net Lease Properties
CVS Pharmacy, part of CVS Health, operates thousands of drugstore and healthcare-retail locations nationwide. CVS net-lease assets are prized for corner real estate, investment-grade backing, and long lease terms that make them a core holding for 1031 exchange and passive-income buyers.
These listings concern commercial real estate, not the purchase of a franchise or operating business. Confirm availability and request the lease and offering materials for each property. Asking prices and cap rates describe published listings, not completed sales or guaranteed investment returns.
Cvs Pharmacy net lease key facts
- Sector
- Pharmacy
- Typical lease structure
- Typically triple net (NNN) or near-NNN, with the tenant covering most operating expenses.
- Typical lease term
- Original terms of 20-25 years with renewal options; many trade with substantial remaining term.
- Credit & guaranty
- Backed by CVS Health, an investment-grade parent with a diversified pharmacy, retail, and health-benefits business.
Before buying a Cvs Pharmacy property
Identify the tenant and guarantor
The name on the building does not establish who guarantees the rent. Review the legal tenant, any corporate or franchisee guarantee, financial information and assignment provisions.
Read the actual landlord obligations
Request the lease and amendments. Check responsibility for the roof, structure, repairs, insurance and taxes; a listing labeled NNN does not replace this review.
Compare remaining term and rent
Confirm current rent, scheduled increases, expiration dates and renewal options. Distinguish remaining committed term from the original lease term and optional extensions.
Evaluate the property beyond the tenant
Review access, condition, local demand and alternative uses with your advisers. Consider vacancy, financing and re-leasing costs rather than assuming appreciation or uninterrupted rent.
Build a useful Cvs Pharmacy shortlist
Compare listings against your price range, preferred states, required remaining lease term and purchase timeline. Open a property to request current availability and supporting documents. Include the listing address in your inquiry so the team can respond to the specific opportunity.
Cvs Pharmacy properties by state
- Cvs Pharmacy for sale in Alabama
- Cvs Pharmacy for sale in Arizona
- Cvs Pharmacy for sale in California
- Cvs Pharmacy for sale in Delaware
- Cvs Pharmacy for sale in Florida
- Cvs Pharmacy for sale in Georgia
- Cvs Pharmacy for sale in Illinois
- Cvs Pharmacy for sale in Indiana
- Cvs Pharmacy for sale in Kansas
- Cvs Pharmacy for sale in Louisiana
- Cvs Pharmacy for sale in Massachusetts
- Cvs Pharmacy for sale in Minnesota
- Cvs Pharmacy for sale in Mississippi
- Cvs Pharmacy for sale in New York
- Cvs Pharmacy for sale in North Carolina
- Cvs Pharmacy for sale in Ohio
- Cvs Pharmacy for sale in Oklahoma
- Cvs Pharmacy for sale in Pennsylvania
- Cvs Pharmacy for sale in South Carolina
- Cvs Pharmacy for sale in Tennessee
- Cvs Pharmacy for sale in Texas
- Cvs Pharmacy for sale in Vermont
- Cvs Pharmacy for sale in Virginia
Cvs Pharmacy net lease FAQs
- How many Cvs Pharmacy properties are for sale?
- There are currently 45 Cvs Pharmacy net lease properties for sale on Top Net Lease, with an average asking cap rate of 6.6%.
- Are CVS properties a good net lease investment?
- CVS is considered a core net-lease tenant thanks to investment-grade credit, long lease terms, and corner locations. Returns are driven by remaining term, rent bumps, and market quality.
- What cap rates do CVS net lease properties sell for?
- CVS NNN assets generally trade around 5.5%-7% cap rates depending on remaining term and location strength.
Research the property before the tax strategy
Use the net lease bonus depreciation guide to prepare ownership and asset-classification questions for your tax adviser. A brand name alone does not establish eligibility for a deduction.