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CVS/pharmacy
185 North Lewis Street
New Iberia, LA 70563

Offering

Stirling Properties is pleased to offer for sale a long-term, fee simple (land and building), absolute NNN CVS/pharmacy located in New Iberia, Louisiana. CVS is currently operating under a 25 year lease with approximately 13 years of remaining guaranteed lease term. The lease also provides CVS with 4 (5 Year) renewal options, with scheduled rent increases at each option.

CVS (NYSE: CVS) is a publicly traded company with an S&P Credit Rating of BBB+.  It is ranked #12 in the Fortune 500 (May 2014).  Some financial highlights include 2014 Revenues of $139.367 billion, 2014 Net Income of $4.644 billion, 2014 Assets of $74.252 billion, and 2014 Equity of $37.958 billion.

 

CVS/pharmacy

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CVS/pharmacy

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