Absolute NNN Lease: CVS is responsible for all maintenance, repair, and replacement, including roof and structure, providing completely passive ownership. Investment Grade Credit Tenant: CVS is the leading pharmacy provider in the US and holds an investment grade credit rating of BBB (S&P). rating of BBB (S&P). Long Term Commitment: CVS recently extended the lease, added increases in the option periods, and removed the rent holiday, showing their commitment to the location and strong sales history. CVS recently consolidated two area locations into the subject property which should support increasing sales into the future. Additionally, the subject store is the closest pharmacy to Methodist Olive Branch Hospital, a 100-bed hospital serving the local area.