Lee & Associates is pleased to exclusively offer for sale the opportunity to acquire the fee simple interest (land & building) in a CVS Pharmacy investment property located in New Orleans, Louisiana (the “Property”). Constructed in 2008 as a build-to-suit for CVS, the Property consists of a 13,013-square-foot retail building with drive thru lane situated on a 2.25-acre parcel. CVS Pharmacy has over 9 years remaining on the 25-year Absolute NNN lease, which features (10) 5-year renewal options. There are zero landlord responsibilities on the asset, providing an investor with a true passive investment grade credit income stream. The property has a 3-year rent holiday beginning in year 23 of the initial lease term (pricing for this asset has been adjusted to reflect this).