The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy located within the Birmingham MSA in Rainbow City, Alabama. The lease runs through January 2030 which leaves over 4 years remaining on the primary term. CVS has been successfully operating at this location since 2005, demonstrating commitment to the site. The lease is triple net which presents no landlord responsibilities and has ten 5-year renewal options attached. The lease also features a corporate guaranty from CVS and a low rent figure compared to other national pharmacy locations. The lease features a rare and significant 33% rental escalation in the first renewal option. The 13,200 square-foot building is located near the intersection of Rainbow Drive and East Grand Avenue which experience a combined traffic count of 54,849 vehicles per day. Both are primary thoroughfares for the area with Rainbow Drive connecting to downtown Gadsden, Alabama which is less than a 10-minute drive north. Tenants occupying the corridor include Publix, Winn-Dixie, Big Lots, Wells Fargo, Advance Auto Parts, PNC Bank, Goodwill, Dollar Tree, Burger King, and many others. Furthermore, there are 45,102 people living within a 5-mile radius of the property who earn an average household income of $65,733. CVS Pharmacy is the nation’s largest drugstore chain and total prescription revenue and operates 9,900+ locations in 49 states, the District of Columbia, Puerto Rico and Brazil. CVS Pharmacy is a publicly traded company on the New York Stock Exchange (Symbol: CVS) with a market capitalization in excess of $97.9 billion. CVS is one of the largest corporations in the nation, ranking #4 on the Fortune 500.