CVS Pharmacy 100 James B Jones Memorial Hwy 13,182 SF Retail Building Kilmarnock, VA 22482 For Sale

One South Commercial is pleased to bring to market the CVS location at 100 James B Jones Memorial Highway in downtown Kilmarnock Virginia. This is a high visibility retail location serving a large-scale region of Virginia’s Chesapeake Bay community. The sale is an absolute net lease opportunity with no annual cost out of the pocket for the owner, with an annual income of $328,350. The property provides a remaining term of 6 years with a seller credit to compensate for the full amount of 3-year rent vacation.
CVS HEALTH CVS Health Corporation (NYSE: CVS) operates retail pharmacy and pharmacy benefit management businesses in the United States. The company offers prescription drugs, general merchandise, including over-the-counter drugs, beauty products and cosmetics, seasonal merchandise, greeting cards, convenience foods, and film and photofinishing services. It sells its products through CVS or CVS Pharmacy retail stores, as well as through online retail website CVS.com. The company also offers pharmacy benefit management services, including mail order pharmacy, specialty pharmacy, plan, design, and administration, formulary management, and claims processing services. As of December 31, 2023, it operated 9,395 retail drugstores and 1,204 health care clinics. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1892 and is headquartered in Woonsocket, Rhode Island. On December 31, 2023, CVS Health Corporation reported total revenue of $357.78 billion, net income of $8.34 billion, and a market cap of $101.61 billion. CVS currently holds a Standard & Poor’s credit rating of BBB/Stable.