Investment Highlights

RARE ABSOLUTE NNN LEASE TO NATIONAL TENANT WITH STRONG FINANCIALS
» New 25-year absolute NNN lease to investment grade tenant
» Rare rental increases during initial term and option periods, providing a hedge against inflation
» No landlord management, ideal for an out-of-area investor
» CVS rated “BBB” by Standard & Poor’s and is ranked seventh on the Fortune 500
» CVS is the largest retailer of prescription drugs in the U.S.
» Record revenue of $184.8 billion in 2017
» CVS and its affiliates operate over 9,846 locations across the United States

HIGH-TRAFFIC LOCATION IN DOWNTOWN WINCHESTER
» Located at the signalized hard corner of Maple Street and West Lexington Avenue, with excellent visibility and access to 41,004 vehicles per day
» Convenient access to Interstate 64 (46,878 AADT), a major commuter and commercial thoroughfare that passes through several large cities, including Lexington and Louisville
» Central location in downtown Winchester
» Strong mix of commercial tenants and local, regional, and national retailers in nearby area

CLOSE PROXIMITY TO SCHOOLS AND MAJOR EMPLOYERS
» Near several industrial parks that are home to Winchester’s largest employers, including Amazon, Catalent Pharma, and Save-A-Lot
» Close proximity to a number of schools, including Shearer Elementary School (423 students), Robert D. Campbell Junior High (808 students), and George Rogers Clark High School (1,672 students)

NEW 2018 CONSTRUCTION WITH PRESCRIPTION DRIVE-THRU
» High-quality construction scheduled to be completed in late 2018
» Features prescription drive-thru, providing additional customer convenience

Property Description

SOLD
CVS Health Corporation (NYSE: “CVS”) is the largest retailer of prescription drugs and the second largest pharmacy benefits manager in the United States. It has over 9,846 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with nearly 90 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, and continually expanding specialty pharmacy services. Considered a pharmacy innovation company, CVS is helping businesses and communities manage health in more affordable and effective ways.
This uniquely integrated model increases access to quality care, delivers better health outcomes and lowers overall health care costs.

On December 3, 2017, CVS Health announced that it had agreed to buy Aetna for about $69 billion in a deal that would combine the drugstore giant with one of the biggest health insurers in the United States and has the potential to reshape the nation’s health care industry. CVS’ purchase of Aetna, which is the country’s third largest health insurer by covered lives, will give the pharmacy chain 22 million paying health plan members. The merger would allow CVS to expand services in its pharmacies and retail clinics, turning them into community-based sites of care that would be far less expensive for patients. The transaction is expected to generate significant synergies for shareholders and benefits for customers.

For the year ending December 31st, 2017, CVS Health Corporation reported a record $184.8 billion in net revenues. CVS is rated “BBB” by Standard and Poor’s and is ranked seventh on the Fortune 500 for 2017.