CVS NNN Properties for Sale
CVS NNN Properties for sale are a good investment option for commercial real estate investors. Read more to discover the many benefits of investing in a CVS NNN property.
What is CVS?
Customer Value Store or CVS is a health and wellness destination because they provide essential health care support. With over 9,900 pharmacy locations, CVS continues to engage with customers to deliver community-based solutions for the healthcare needs of its customers.
The standalone stores offer more than the usual medical needs. Customers will have access to many health, wellness, personal care, and beauty products. The stores even have general merchandise, snacks, and groceries for your one-stop-shop needs.
CVS is a community partner when it comes to the health and wellness of everyone around them. They understand that each person has varying health needs. While dispensing millions of prescriptions each year, CVS counsels customers and provides cost-effective options.
From an investment standpoint, CVS NNN properties for sale are good options for any real estate investor wanting to build a portfolio. Learn more about this hot NNN listing today.
How Profitable are CVS Pharmacies?
Dr. Michael Burry, a hedge fund manager and expert has named CVS Health a top equity holding. The company has focused on paying off debt rather than raising the dividend or recovering and buying back stock. With that strategy, it has one of the cheapest large-cap stocks.
CVS performed relatively well in 2021. The business has a steady and stable profit flow, low valuation, and extensive free cash flow. The stocks are on the upside with a hefty margin of safety.
Year in, year out since 2018, CVS continues to report an uptrend on its net revenue. This is certainly a good sign of the profitability of CVS NNN properties for sale. It earns revenues from different sources that it can even afford to remove high-margin products like tobacco.
Is CVS Doing Well Financially?
Despite the continued decline of brick-and-mortar retail as customers shift to online sales, CVS continues to thrive to survive and grow.
CVS maintains 4 business divisions:
Pharmacy benefit management
The pharmacy division accounts for more than 67% of its total revenue, though it may be a misnomer to call their CVS outlets a simple pharmacy that dispenses prescription drugs. It is also a retail shop with various products from cookies to candies, as well as skincare, health, and beauty products.
CVS NNN properties for sale will be a sound investment for the discerning commercial real estate investor.
Top Reasons to Invest in CVS NNN Properties for Sale
The company is the largest pharmaceutical chain in the US, with over 9,900 stores. Here are more reasons to invest in CVS NNN properties for sale.
The investment is a reliable source of passive income. You will receive paychecks every month, on the dot, because there is a fixed rent that is due to you at the end of every month. This is not at all affected by economic conditions or store sales.
You will have minimal landlord management duties because the triple net lease frees you of property maintenance and upkeep.
It’s a low-risk investment where your tenant pays for all the taxes, maintenance, insurance fees, and rent and utility costs.
The investment is a long-term one, meaning you’ll get returns on it for many years to come. Some net lease agreements may even go on for two decades or more.
Your CVS NNN property is a low-risk conservative method to grow equity.
You can get tax breaks from the triple net lease agreement.
When you are ready to invest in another business and the market is at a high, you can consider selling the building.
CVS pharmacies run a pharmacy benefit management program with millions of registered customers.
There is a very low vacancy rate.
A Guide to Buying Triple Net Leased Properties
If you’re set to purchase CVS NNN properties for sale, here is a rundown of the benefits of NNN investments:
This is a low-risk investment as the tenant bears bigger risk factors. These tenants are investment-grade tenants who will generally not give you a headache on rent collection.
A triple N investment is a source of continuous income stream because the tenants will pay their rent each month.
Your triple net lease agreement guarantees long-term tenancy. Tenants will usually sign up for a 7-10 year lease contract.
Minimal landlord responsibilities are expected of you as the agreement covers that the tenant maintains the property.
Enjoy lower turnover rates and lower marketing expenses. Tenants stay for a long time, so there are minimal expenses on your end for marketing the property.
As with all commercial properties, you get to enjoy tax benefits.
The Net Lease World Advantage
Net Lease World is the best online platform where you can search for high-quality, high-profit yielding triple net lease properties. We have an extensive listing of various commercial properties all over the country.
If you’re seeking to purchase CVS NNN properties for sale, Net Lease World is your best partner to find the best property to fit your needs. We provide a simple way of searching for high-quality net lease investments across the country.
The site is simple to navigate; we have agents responsive to all your queries. You can easily find properties, plot in the location, and indicate your purchase price and cap rate.