Overview

Description

CVS HEALTH CORP: INVESTMENT GRADE CREDIT TENANT (S&P: BBB+) • LARGEST PHARMACY IN THE U.S. • REVENUES OF $357.8 BILLION •

10 YEARS REMAINING ON LEASE TERM • LONG-TERM PASSIVE INCOME STREAM • ABSOLUTE NNN LEASE

WITHIN 1 MILE OF MAJOR MEDICAL CENTERS • JUST 2 MILES FROM CHRISTOPHER NEWPORT UNIVERSITY • PROXIMITY TO LANGLEY AFB & NASA’S LANGLEY RESEARCH CENTER

HARD CORNER SIGNALIZED INTERSECTION OF JEFFERSON AVE & HARPERSVILLE RD (COMBINED 67,600+ CPD) • ACROSS FROM WALMART NEIGHBORHOOD MARKET

NEWPORT NEWS: A SUBURB OF NORFOLK, 2ND-MOST POPULOUS CITY IN VIRGINIA • SITE OF NAVAL STATION NORFOLK, WORLD’S LARGEST NAVAL INSTALLATION

Location

WITHIN 1 MILE OF MAJOR MEDICAL CENTERS • JUST 2 MILES FROM CHRISTOPHER NEWPORT

UNIVERSITY • PROXIMITY TO LANGLEY AFB & NASA’S LANGLEY RESEARCH CENTER • STRONG

DEMOGRAPHICS SUPPORTS TENANT’S SUCCESS

• Property is strategically located within 1 mile of several hospitals and medical centers including Riverside Regional Medical Center

(450 beds), and Sentara CarePlex Hospital (224 beds)

• Only 2 miles from Christopher Newport University, a Liberal Arts & Sciences college ranked #7 Public Regional Universities in the

South, with an enrollment of 4,500 students

• Just 9 miles from Langley Air Force Base & NASA’s Langley Research Center

• NASA’s Langley Research Center is comprised of 200 facilities on 764 acres, employing 3,400 civil servants and contractors

• Strong Demographics: Over 168,000 people within 5-mile radius

REAL ESTATE ADVANTAGE • HARD CORNER SIGNALIZED INTERSECTION OF JEFFERSON AVE &

HARPERSVILLE RD (COMBINED 67,600+ CPD) • ACROSS FROM WALMART NEIGHBORHOOD MARKET

• STRONG DRAW TO TRADE AREA

• Located on hard corner signalized intersection of Jefferson Ave & Harpersville Rd

• Excellent Visibility & Signage to Combined 67,600+ cars per day

• Multiple Access Points In/Out of the Property

• Ideally located across from Walmart Neighborhood Market

• Strong Draw to the Area

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