Summerville, GA

• CVS guarantees the rental income which has 5% increases in the options and does not include a rent holiday.
• In 2019, CVS agreed to extend the lease to a 20 year firm term showing their commitment to the location.
• This property is located in the heart of Summerville and benefits from limited drugstore competition with no other CVS or Walgreens for over 14 Miles.
• Located just a 5-minute drive to the northeast is Atrium Health Floyd Chattooga, which serves as the primary healthcare facility for Summerville and the surrounding communities.

Pharma Property Group is pleased to market for sale the CVS property located at 9849 Rome Boulevard Summerville, Georgia 30747 (“The Property”). Summerville is located in the foothills of northwest Georgia and is the county seat of Chattooga County, Georgia. The city is strategically positioned about an hour South of Chattanooga, Tennessee and two hours North of Atlanta, Georgia.

CVS has been operating at this location for over 18 years and in 2019 committed to the location with a 20-year lease extension, showing strong confidence in the property's performance and the Summerville market. With no rent holiday and 5% rental increases built into each of the eight five-year option periods, the lease provides a predictable and growing income stream with over 14 years of guaranteed rent remaining on the initial term. Strategically positioned in the heart of Summerville's retail corridor, the property benefits from limited competition as there are no other CVS or Walgreens locations within a 14-mile radius.