The Landes Group completed the purchase of a CVS Pharmacy in Chamblee, GA totaling 10,245 square-feet.
“We are actively looking for single tenant net leased product acorss the United States. This purchase fits perfectly into our current fund focus and acquisition strategy” said Chief Investment Officer Justin Grissen.
This CVS property is located on the northern corner of the intersection of Peachtree Industrial Boulevard and N Peachtree Road which provides access, visibility and a high volume of vehicle traffic. CVS Health Corp., a leading pharmacy benefits manager with nearly 90 million plan members, is the nation’s largest drugstore chain.
The Landes Group is a Dallas-based family-owned real estate firm offering a wide variety of industry experience. Their primary focus is single-tenant, net lease transactions, with extensive experience with large corporate tenants such as Walgreens, CVS, Home Depot and Rite Aid.