CVS

Highlights

• NNN Lease Structure | No Landlord Obligations
• Investment Credit Corporate Backed Lease by CVS Health | S&P "BBB" Rated
• 10.5 Year Long Term Lease
• 25 Year Occupancy - Proven Location; Operating Since 1998
• Densely Populated in 1 & 3 Mile Radius
• High-traffic w/ 24,500+ Vehicles Per Day
• Midnight Location; Busier Site Compared to other CVS’s Nationwide
• Less than 2 Miles From Corpus Christi 152 Bed Hospital

Description

NNN Lease Structure | No Landlord Obligations
Investment Credit Corporate Backed Lease by CVS Health | S&P "BBB" Rated
10.5 Year Long Term Lease
25 Year Occupancy - Proven Location; Operating Since 1998
Densely Populated in 1 & 3 Mile Radius
High-traffic w/ 24,500+ Vehicles Per Day
Midnight Location; Busier Site Compared to other CVS’s Nationwide
Less than 2 Miles From Corpus Christi 152 Bed Hospital

Corpus Christi is a coastal city in South Texas and is the county seat of Nueces county. The city’s political boundaries encompass Nueces Bay and Corpus Christi Bay. Corpus Christi is the eighth largest city in Texas. The majority of the population of Corpus Christi is employed in the services, wholesale and retail trades, and government sectors. The Port of Corpus Christi, which is the fifth-largest in the United States and is the deepest inshore port on the Gulf of Mexico, handles mostly oil and agricultural products. Much of the local economy is driven by tourism and the oil and petrochemicals industry. Texas A&M – Corpus Christi is located in the city and has 12,000 students. Corpus Christi International Airport is located 5 miles west of the central business district. The energy landscape continues to evolve, as does the effect of the oil & gas industry on Corpus Christi's economy. The region surrounding the city of Corpus Christi, known as the Texas Coastal Bend, relies on the strength of hiring in oil & gas to support a sizeable segment of its labor market. There are many refineries and shipping operations in Corpus Christi, as well as the Port of Corpus Christi, the third-largest port in the United States in terms of tonnage. These operations continue to be dependent on the state of the oil market globally.