7000 Butler Pike

Equity CRE is pleased to present the opportunity to acquire a CVS Pharmacy property, available for sale to qualified investors. The asset features a triple-net (NNN) lease with an initial term running until January 31, 2038, followed by ten 5-year renewal options. The lease is guaranteed by CVS Health Corporation, the only investment-grade pharmacy operator (rated BBB by Standard & Poor’s), providing long-term income stability and credit-backed security for investors.

Dominant Retail Pharmacy: CVS has a market capitalization of $80 billion – 8x that of Walgreens – solidifying its position as the dominant pharmacy brand in the industry. As both an organization and net lease tenant, CVS outperforms its competitors.

Corporate Guaranty: The lease is guaranteed by CVS Health Corporation, the only investment-grade pharmacy operator (rated BBB by Standard & Poor’s), offering investors long-term income stability and the security of a strong corporate guaranty.

Long Term Lease with No Rent Holiday: CVS has a lease extending until January 31, 2038, at this location, with ten five-year options to extend. The lease is absolute NNN with zero landlord responsibilities, with no rent holiday built into the lease.

Strong Demographics / Affluent Market: CVS Pharmacy benefits from the affluent demographics surrounding Ambler, Pennsylvania, with 43,639 people within 3 miles of the site and an average household income of $191,753. (Source: Regis)