NNN Ground Lease CVS in Gahanna, OH

Priced at a 7.00% cap rate — above the national average for corporately guaranteed CVS NNN assets — this offers a rare above-market entry point on investment-grade credit. True ground lease structure with CVS owning the building and all improvements, plus the longest renewal runway of any AIP CVS listing: four 5-year options with 5% increases, extending potential occupancy through 2049. Traffic of 24,465 vehicles per day and an affluent 1-mile trade area ($135,679 median HH income, $192,488 average HH income) round out a truly passive, zero-landlord-responsibility investment.