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Parent company
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Number of stores in U.S
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Brand Deck
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Description

CVS Pharmacy: The Premier Healthcare-Anchored Retail Pillar for Modern Communities. CVS Pharmacy, the retail division of CVS Health, is the definitive Anchor Tenant for high-traffic grocery-anchored centers, urban mixed-use developments, and prominent outparcels. As the brand transitions from a traditional drugstore model to a "HealthHub" destination, it integrates full-service pharmacy operations with MinuteClinic medical services, wellness products, and digital-first retail solutions. CVS is currently executing a sophisticated National Footprint Optimization strategy, which includes a planned consolidation of legacy sites while simultaneously launching 30 new traditional locations and 12+ "Small-Format" pilots in 2026. These new formats prioritize high-fidelity healthcare delivery and prescription-led foot traffic over general merchandise. For developers, CVS represents a blue-chip, investment-grade partner (S&P: BBB) that drives resilient, daily-needs traffic and anchors signalized "Main & Main" intersections with high-visibility, 20-to-25-year absolute NNN lease commitments.

Brand Category

Service

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Site criteria

Size range

100 - 300 SF

Ideal size

200 SF

Optimal frontage

100 LF

Basic requirements

Target markets

  • Example
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Preferred anchors

  • Example

Preferred co-tenants

  • Example

Preferred traffic generators

  • Food
  • Entertainment

Preferred location type

  • Street
  • Lifestyle
  • Grocery

Preferred building type

  • Free-standing
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