Overview

Description

Investment Highlights:

CVS Health Corp: Investment Grade Credit Tenant (S&P: BBB) | Largest Pharmacy in the US | Revenues of $357.8 Billion | #6 on Fortune 500

Over 9.7 Years Remaining on Lease Term | Long-Term Passive Income Stream | Absolute NNN Lease

Central Location to Medical Centers | Proximity to Senior Living Facilities | Provides Consistent Customer Base & Drives Profitable Prescription Business

Real Estate Advantage | Frontage to General de Gaulle Drive (30,000 CPD) | Affluent Demographics | Minutes to Downtown New Orleans

Major Retail/Travel Corridor | Only 4 Miles from US Hwy 90 (60,000+ CPD) | Direct Access to Downtown New Orleans | Dense Retail Trade Area

Located in City of New Orleans | Economic Hub for the Gulf Coast Region | Diverse Economy

Location

The property is strategically located in a high-traffic area of New Orleans, benefiting from strong local demand and proximity to key commercial and residential areas, ensuring continued success for the tenant. This location is ideal for businesses looking for long-term stability, offering the security of an absolute NNN lease, which places all responsibility for property expenses on the tenant, making this a truly hands-off investment for the owner.

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