CVS - Millbrook, AL

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant CVS (the “Tenant”) located in Millbrook, AL (the "Property" or "Asset"). Located within an incredibly high-growth submarket of Montgomery (± 20% population growth in prior decade), the Property is situated on a corner lot with exposure to 35,000 vehicles per day ("VPD") and shadow-anchored by a Winn Dixie grocery-anchored center. The seasoned CVS has over 23+ years of operating history at the Asset's location and is amid its first option period, signaling a meaningful commitment to this location despite contraction in pharmacy sector. The tenant has 3.8 years remaining on its current lease term, with nine additional 5-year options remaining. This offering presents the opportunity to acquire investment-grade tenancy located in a high-growth Sun Belt market and at a very compelling yield profile when compared to similar assets with 15+ year lease terms.