SAB Capital is pleased to present CVS in Johnson City, Tennessee, the principal city to the Johnson City Metropolitan Area. CVS executed a new, 15-year lease in December of 2019, exhibiting strong commitment to site. The lease has an absolute triple net (NNN) structure, leaving all responsibilities to the tenant. CVS Health Corporation has guaranteed the lease, providing strong credit backing the investment as the company is rated “BBB” by Standard & Poor’s.

• CVS in Johnson City, TN | Principal City to the Johnson City Metropolitan Statistical Area
• Tenant Signed a 15-Year Lease Extension in 2019 | Strong Commitment to Site
• Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
• Strong Corporate Guaranty From CVS Health Corp. | S&P: BBB
• Signalized Hard Corner Location With Two Points of Ingress/Egress | 25,000+ Vehicles Per Day (VPD)
• Below Market Rent | Tenant is Only Paying Less Than $14 Per Square Foot
• Attractive Market Fundamentals | 10-Mile Population: 152,000+ | 4.2% Increase Since 2010
• National Retailers Located Nearby : ALDI, Krispy Kreme, Advance Auto Parts, AutoZone, McDonald’s, T-Mobile and Many More