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NNN Freestanding CVS | Pickens, SC 204 Hampton Ave 10,000 SF Retail Building Pickens, SC 29671 $3,371,412 CAD ($337.14 CAD/SF) 6% Cap Rate



Investment Highlights
- STRATEGIC HARD-CORNER LOCATION | PRIMARY RETAIL CORRIDOR
- LOW PRICE POINT & ATTRACTIVE BASIS
- NECESSITY-BASED HEALTHCARE TENANT
Executive Summary
- ?CVS has operated at this location since 1999, demonstrating sustained store-level performance and long-term commitment to the trade area
INVESTMENT-GRADE CORPORATE GUARANTOR (S&P: BBB)
- ?Lease guaranteed by CVS Health Corporation (NYSE: CVS), one of the largest healthcare companies in the U.S. with 9,000+ locations and strong corporate credit
ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
- ?True passive investment with no landlord obligations, ideal for 1031 exchange and out-of-state ownership
LOW PRICE POINT & ATTRACTIVE BASIS
- ?Offered at a favorable price point relative to replacement cost, allowing investors to achieve above-market yield with downside protection
NECESSITY-BASED HEALTHCARE TENANT
- ?CVS serves as a critical healthcare and pharmacy provider within the market, supporting consistent consumer demand regardless of economic conditions
STRATEGIC HARD-CORNER LOCATION | PRIMARY RETAIL CORRIDOR
- ?Positioned along Hampton Avenue (17,800+ VPD) with strong visibility and access, serving as a primary retail node for the surrounding community
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- 10,125 SF
- -
- Jan 2028
CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | 10,125 SF | - | Jan 2028 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4181-16-93-0757 | Improvements Assessment | $162,986 CAD |
| Land Assessment | $76,703 CAD | Total Assessment | $239,689 CAD |
Property Taxes
Presented by
NNN Freestanding CVS | Pickens, SC | 204 Hampton Ave
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