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Tenant Profiles

CVS Pharmacy

B+E > B+E INSIGHTS > Tenant Profiles > CVS Pharmacy
05/08/2026 By B+E

CVS Pharmacy

cvs.com

cvs logo

118
Number on Market

$4.7M
Average Price

9.6
Average Remaining Term (Years)

6.81%
Average Cap Rate

CVS Pharmacy Tenant Overview

Founded in 1963, CVS Pharmacy Inc. is an American national chain of retail pharmacy stores headquartered in Woonsocket, Rhode Island. CVS operates and franchises 9,100 stores in all 50 U.S. states. The company is owned by CVS Health, a pharmacy innovation company helping people on their path to better health. CVS Health helps more than 100 million people by playing an active role in the commitment to health. 

CVS Pharmacy is a staple in the net lease investment sales market due to its investment grade status and premiere visibility on cornered real estate. The goal of the company is to facilitate 65 billion health care interactions by the year 2030. CVS plans to operate three distinct formats going forward: stores dedicated to offering primary care services, enhanced HealthHUB locations with products and services designed for everyday health and wellness, and traditional CVS Pharmacy stores.

cvs pharmacy

Tenant Data:

Company CVS Pharmacy
OwnershipPublic
HeadquartersWoonsocket, RI
TickerNYSE: CVS
Credit RatingBBB (S&P)
Annual Revenue± $372.8B (FY 2024)
Locations (North America)± 9,100
Websitewww.cvs.com
Average CVS Info
Number on Market118
Average Price$4,698,857
Average Remaining Term9.6 Years
Average Cap Rate6.81%
Average NOI$316,526
Average PPSF$387
Average Building SF12,518 SF
Average Lot Size1.64 AC
AS OF 05/05/26

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