CVS – Shrewsbury, MA
February 2, 2018
SullivanHayes is pleased to announce that Brian Knowles has worked on behalf of client CVS to secure a new pharmacy located at 730 Boston Turnpike in Shrewsbury, MA, on the site of the former Wagner Kia of Shrewsbury Dealership. Located at the signalized intersection of Rt. 9 and South Street, this represented a rare opportunity for CVS to lock down a prime signalized intersection on a major commuting artery in central Mass. This opportunity is especially unique, as Rt. 9 is restricted by a median dividing the road all the way into Boston proper, making these signalized intersections highly coveted. Its because of SullivanHayes relationships and market knowledge that we were able to secure it for client CVS.
CVS Pharmacy is the convenience store and pharmacy subsidiary of CVS Health, which operates 9,600+ stores throughout the US and Puerto Rico. Ranked as the 7th largest US corporation, CVS sells prescription drugs and a wide assortment of general merchandise, including over-the-counter drugs, beauty products and cosmetics, film and photo finishing services, seasonal merchandise, greeting cards, and convenience foods. In addition, CVS also provides healthcare services through its more than 1,100 MinuteClinic medical clinics. CVS Health is publicly traded on the NYSE under ticker symbol CVS, is an S&P 100 component, and has an S&P credit rating of BBB+ and a Moody’s credit rating of Baa1. CVS prefers to purchase or ground lease approximately 1.5 acres of well located real estate. SullivanHayes currently represents CVS in Western Massachusetts.