This NNN CVS Pharmacy Investment is located in Chipley, Florida and features a freestanding, single-tenant retail pharmacy positioned at a prominent hard-corner location within the city’s primary commercial corridor. The asset is 100% occupied and offers investors reliable cash flow supported by a nationally recognized pharmacy tenant.

Chipley serves as a key neighborhood community within fast-growing Washington County in the Florida Panhandle. The city benefits from its strategic placement along the Interstate 10 corridor between Tallahassee and Pensacola, supporting consistent local and regional traffic. The property’s positioning along a major north–south thoroughfare further enhances long-term visibility and consumer access.

The building was constructed as a modern retail prototype and includes ample on-site parking and strong site functionality. With a solid remaining lease term and stable occupancy, this property presents an attractive opportunity for investors seeking durable income in a growing secondary Florida market.

Investment Highlights

• Freestanding Pharmacy Asset: Purpose-built single-tenant retail building
• 100% Occupied: Stable income stream with no lease-up risk
• Attractive Cap Rate: Competitive yield relative to national pharmacy assets
• Hard-Corner Location: Strong visibility and accessibility within Chipley
• Regional Connectivity: Located within the I-10 corridor between major Florida metros
• Strong Traffic Exposure: Positioned along a primary roadway serving daily commuters
• Ample Parking: Over 60 on-site parking spaces to support retail demand
• Growing Panhandle Market: Washington County continues to see steady population and economic growth