CVS Pharmacy NNN Properties for Sale in Massachusetts

By Ted Dowding, Managing Broker, TD Commercial Group

$2.5B+ in Closed Transactions · 2000+ deals · CoStar Power Broker & Top Firm Award Winners 2023, 2024, 2025 · Est. 2010

Summary

Net Lease World shows 1 CVS Pharmacy property for sale in Massachusetts on this page, with asking prices of $6,295,000 and asking cap rates of 7.65%. Remaining lease term on these listings runs 12.7 years. Figures are shown as stored in each record, last updated October 8, 2026.

CVS Pharmacy Properties Listed for Sale in Massachusetts

CVS Pharmacy — Fairhaven, MA

Asking price: $6,295,000
Asking cap rate: 7.65%
Lease term remaining: 12.7 years
Lease type: NNN
Source: Net Lease World listing record as of October 8, 2026

How to Read These CVS Pharmacy Listings

Every figure above is copied from a single stored record, so it reflects what the listing or the closed-sale record reports rather than an estimate. Asking price is the seller's current ask. Asking cap rate is the seller's stated net operating income divided by that ask. Lease term remaining counts the years left on the primary lease before any renewal options. Lease type is shown exactly as the record describes it, so confirm the landlord's obligations in the lease itself before relying on the label.

Closed sales are listed with their sale date and the source of the record. A closed sale tells you what one buyer paid for one property on one date. Location, remaining term, rent increases and the strength of the guarantee all move pricing, so compare like with like before drawing conclusions.

Questions to Ask Before Making an Offer

Who signs the lease guarantee: the corporate parent, a subsidiary or a franchisee?
What does the lease make the tenant responsible for, and what stays with the landlord?
How are rent increases scheduled, and when do renewal options start?
How does the site compare with nearby retail in visibility, access and traffic?
Has the property had environmental, roof or structural work, and who paid for it?

Due Diligence for CVS Pharmacy Properties

Start with the lease. Read the full document, not the offering memorandum summary, and match every term against the estoppel certificate. Order a title report and survey early, and ask the seller for operating history and any tenant correspondence about repairs. If the property has any history of fuel, dry-cleaning or automotive use, budget for an environmental report. Your lender and your tax adviser should review the deal before you remove contingencies.

Investors who buy net lease properties usually care most about the durability of the rent. That depends on the tenant's commitment to the location, the remaining term and the cost of re-leasing if the tenant leaves. None of those can be judged from a cap rate alone.

Using a CVS Pharmacy Property in a 1031 Exchange

Net lease properties are common replacement properties in like-kind exchanges because they need little day-to-day management. If you are exchanging, line up a qualified intermediary before you sell, identify replacement candidates within the identification period and close within the exchange period set by the IRS. Our 1031 tool tracks those deadlines for you.

Frequently Asked Questions

How many CVS Pharmacy properties are listed for sale in Massachusetts on Net Lease World?

This page shows 1 CVS Pharmacy listing in Massachusetts, taken from published Net Lease World listing records. These figures were last updated on October 8, 2026.

What are CVS Pharmacy properties in Massachusetts listed for?

The CVS Pharmacy listings shown on this page have asking prices of $6,295,000, as stated in each listing record.

What cap rates are CVS Pharmacy listings in Massachusetts asking?

The asking cap rates on the CVS Pharmacy listings shown here are 7.65%, as reported by each listing.

How much lease term is left on these CVS Pharmacy listings?

Remaining primary lease term on the CVS Pharmacy listings shown here is 12.7 years, as reported by each listing record.

What lease types do these CVS Pharmacy listings report?

The listings on this page report the following lease types: NNN. Confirm the landlord's duties in each lease.