CVS

INVESTMENT HIGHLIGHTS

• LONG TERM LEASE – The property was built in 2014 and currently has ±15 years remaining on the initial lease term, which runs through January 2040.
• PASSIVE OWNERSHIP – Absolute NNN lease structure with no landlord responsibilities.
• PREMIER LOCATION – This location has a local population of more than 12,000 residents in a one-mile radius surrounding the property. Subject property also benefits from a hard corner that sees ±27,000 VPD.
• ECONOMIC DEVELOPMENTS – Hanford serves as a key trading hub for the surrounding agricultural region. A significant infrastructure project is underway to widen and reconstruct East Lacey Boulevard, extending from 10th Avenue to just east of Sierra Drive. The upgrades include two travel lanes in each direction and a central dual left-turn lane, designed to accommodate higher traffic volumes. This project aims to enhance traffic flow and deliver long-term benefits to the local community and businesses in the area.
• FOOT TRAFFIC – According to Alpha Maps, this store ranks within the top 15% of all CVS locations nationwide. For more detailed information, please contact the agent to request the full report.
• STRONG COMMUNITY SYNERGY – This CVS is located adjacent to the Hanford Town Center and within very close proximity to Hanford Mall and Centennial Plaza Shopping Center. This prime location ensures a steady flow of both foot and vehicle traffic, contributing to sustained activity around the store.
• CORPORATE GUARANTEE – Lease is corporately guaranteed by CVS (NYSE: CVS).