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INVESTMENT OFFERING

SAB Capital is pleased to present CVS in Arlington, Tennessee, 17 miles Northeast of downtown Memphis. CVS executed a new, 20-year lease in December of 2018, exhibiting strong commitment to site. The lease has an absolute triple net (NNN) structure, leaving all responsibilities to the tenant. CVS Health Corporation has guaranteed the lease, providing strong credit backing the investment as the company is rated “BBB” by Standard & Poor’s.

  • CVS in Arlington, TN | 17 Miles Northeast of Downtown Memphis
  • Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
  • Strong Corporate Guaranty From CVS Health Corp. | Rated “BBB” by Standard & Poor’s (S&P)
  • Tenant Signed a New, 20-Year Lease That Commenced in December 2018 | Strong Commitment to Site
  • Signalized Hard Corner Location With Two Points of Ingress/Egress | 22,000+ Vehicles Per Day (VPD)
  • Affluent Surrounding Area | 3-Mile AHI: $109,000+ Annually
  • Dense Trade Area | Over 1M Square Feet of Existing Retail Space Within One Mile
  • National Retailers Located Nearby | Wendy’s, ALDI, Waffle House, Sonic, Little Caesars, Tractor Supply and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
CVS $7,815,453 4.75% Absolute NNN 13,225 Available

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