Brauvin 18 acquired a 13,200 square feet building leased to CVS Health Corporation (“CVS” or “Tenant”) located in Rainbow City, AL for $1,230,000. The property is leased for 15+ years to CVS Health Corporation, the largest pharmacy chain in the United States (NYSE: CVS). CVS currently has an investment grade rating of BBB (S&P) and Baa3 (Moody’s). The lease is structured as absolute triple net with the Tenant being responsible for all maintenance, repairs, and replacements to the property. The subject location is less than four miles southeast of I-59 connecting Birmingham and Chattanooga. Traffic counts directly in front of the subject property exceed 28,000 vehicles per day.