S&P’s“BBB+”
Credit Rating
TENANT
SUMMARY
HEADQUARTERS: Woonsocket, Rhode Island
WEBSITE: www.CVS.com NYSE: CVS
CVS Health has more than 9,800 locations in 49 states, the District of Columbia, Puerto Rico and
Brazil. The company employs more than 246,000 with a 68,000+ retail network pharmacy. More
than 2.5 billion prescriptions are filled or managed. CVS stores offer a variety of merchandise
including food, health and beauty products, electronics, pet supplies and a limited number of grocery
items.
9,800+
Locations
$184.8B
Total Revenue 2017
SOUTH BEACH
CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health,
headquartered in Woonsocket, Rhode Island. It was also known as, and originally named the
Consumer Value Store and was founded in Lowell, Mass., in 1963. The chain was owned by its
original holding company Melville Corporation since its inception until its current parent company
CVS Health was spun off into its own company in 1996. CVS Pharmacy is currently the largest
pharmacy chain in the United States by number of locations and total prescription revenue. As the
retail pharmacy division of CVS Health, it ranks as the seventh largest U.S. corporation according
to Fortune 500 in 2016. CVS Pharmacy’s leading competitor Walgreens Boots Alliance ranked
37th.
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COLLIERS INTERNATIONAL