CVS NNN Properties for Sale
12 live CVS listings as of October 7, 2026.
CVS cap rates by band
| Cap rate band | Listings | Average asking price |
|---|---|---|
| Under 5.00% | 1 | $6.00M |
| 5.00% – 5.99% | 4 | $10.51M |
| 6.00% – 6.99% | 3 | $5.21M |
| 7.00% – 7.99% | 2 | $6.28M |
| 8.00% and above | 2 | $3.83M |
CVS listings by state
| State | Listings | Average cap rate |
|---|---|---|
| Connecticut | 2 | 6.23% |
| New York | 2 | 5.86% |
| Rhode Island | 2 | 7.32% |
| Florida | 1 | 7.40% |
| Massachusetts | 1 | 7.65% |
| North Carolina | 1 | 10.35% |
| Texas | 1 | 5.48% |
| Virginia | 1 | 6.52% |
CVS remaining lease term
| Remaining term | Listings | Average cap rate |
|---|---|---|
| Under 5 years | 1 | 7.40% |
| 5 – 9.9 years | 5 | 7.40% |
| 10 – 14.9 years | 4 | 6.59% |
| 15+ years | 2 | 5.14% |
Buying CVS in a 1031 exchange
In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.
6 of the 12 live CVS listings have 10 or more years of primary lease term remaining (as of October 7, 2026).
CVS due-diligence checklist
- Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
- Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
- Order tenant estoppel and SNDA documents before closing.
- Review the title commitment, survey and zoning report for the parcel.
- Commission a Phase I environmental site assessment.
- Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
- Verify property tax, insurance and CAM reimbursements against the lease.
- Review store-level sales or rent-to-sales data if the tenant reports it.
CVS net lease FAQ
How many CVS net lease properties are for sale?
Net Lease World shows 12 live CVS listings as of October 7, 2026.
What cap rates are CVS properties listed at?
Live CVS listings with a published cap rate range from 4.80% to 10.35%, with a median of 6.38% (as of October 7, 2026). These are asking cap rates, not closed sales.
What is the typical asking price for a CVS property?
The median asking price across live CVS listings with a published price is $5.75M (as of October 7, 2026).
Which states have the most CVS listings?
Connecticut (2), New York (2), Rhode Island (2). Listings appear in 8 states in total (as of October 7, 2026).
How much lease term is left on CVS listings?
The median remaining primary lease term is 9.6 years; 6 listings have 10 or more years remaining (as of October 7, 2026).
Live CVS listings
- CVS — Palmyra, VA · Asking $5.07M · 6.52% cap rate
- CVS — North Kingstown, RI · Asking $3.10M · 6.24% cap rate
- CVS — Ridgewood, NY · Asking $17.57M · 5.86% cap rate
- CVS — Rockville, CT · Asking $2.35M · 5.71% cap rate
- CVS · Asking $6.00M · 4.80% cap rate
- CVS — Ridgewood, NY · Asking $17.57M · 5.86% cap rate
- CVS — Brandon, FL · Asking $6.27M · 7.40% cap rate
- CVS — Raleigh, NC · Asking $2.17M · 10.35% cap rate
- CVS — RI · Asking $5.50M · 8.40% cap rate
- CVS — Fairhaven, MA · Asking $6.29M · 7.65% cap rate
- CVS — New London, CT · Asking $7.45M · 6.75% cap rate
- CVS — New Braunfels, TX · Asking $4.52M · 5.48% cap rate