Marcus & Millichap is please to present a NNN CVS in Bridgewater, NJ. The subject property is a single-tenant, freestanding CVS drugstore located in Bridgewater, NJ. It is situated at the four-way signalized corner of Union Avenue and Finderne Avenue, less than one mile west of Interstate 287, which provides direct access to Newark, NJ (31 miles east) and Trenton, NJ (35 miles south). The building is a new state-of-the-art drugstore with a drive-thru pharmacy pick-up window. There are approximately 24-years remaining on the absolute net lease, with no landlord maintenance responsibilities whatsoever. The lease is corporately guaranteed by CVS Health Corporation (NYSE: CVS, S&P: BBB+/Stable, Moody’s: Baa1/Stable), a publicly-traded Fortune 500 Company (#12) with annual revenues exceeding $139 billion (2014) and a net worth in excess of $37.12 billion (Q2 2015).

The property has prominent direct street frontage along both Finderne Avenue and Union Avenue, two highly trafficked thoroughfares with combined traffic counts of 31,576 vehicles per day at the intersection. Directly across Finderne Avenue is a TD Bank, and at the opposing corner is Bridgewater Medical Group. National retailers in the surrounding trade area include TD Bank, Dunkin’ Donuts, Subway, Costco, Applebee’s, Chuck E. Cheese’s, The Home Depot, Target, Walmart Supercenter, McDonald’s, Red Lobster, Advance Auto Parts, 7-Eleven, Pep Boys Auto and many more.