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    <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2F1a15d81d-b697-42eb-9e0a-5876b32e09af%2Feba6227d-8499-4bad-985e-175ca84b2002" onerror="this.style.display='none'" alt="CVS Pharmacy Montville, CT Image" style="object-fit: cover; width: 200px;" />
    <p style="margin-top: 0.5rem; text-transform: uppercase; font-size: 10px; letter-spacing: 0.025em;"> Retail </p>
    <p style="margin-top: 0.05rem; color: #0D1321; text-align: left; font-weight: 400; font-family: Cormorant Garamond, serif; font-size: 20px;">
      CVS Pharmacy Montville, CT
    </p>
    <p style="margin-top: 0.25rem; text-transform: uppercase; font-size: 8px; letter-spacing: 0.1em;"> Montville,  CT </p>
    <p style="margin-top: 0.25rem;">By Atlantic Retail</p>
    <a href="https://platform.reverecre.com/project/1a15d81d-b697-42eb-9e0a-5876b32e09af" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
      View Listing
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Atlantic Capital Partners, the investment sales platform of Atlantic Retail, offers institutional quality real estate advisory services that include sale, financing and debt placement, and recapitalization of retail properties throughout the US.

For more than 29 years, our brokers have been earning client confidence through diligent deal-making, savvy market insight, and above-and-beyond service.

Clients rely on our deep market knowledge, solid industry relationships, and deal-making experience to successfully navigate sophisticated transactions. Whether it’s realizing an aggressive regional expansion plan or helping a long-time owner reinvent a complex retail property, our dedicated and resourceful brokers help you move ahead with confidence.

Managing Director

Vice President

Broker

Analyst

CVS has term through January 2034 with Six (6), Five (5) Year Renewal Options thereafter

CORPORATE GUARANTY FROM INVESTMENT-GRADE TENANT

CVS has a Market Cap of $86 Billion (NYSE: CVS) with over 9,500 locations across the country (S&P: BBB+)

EXCELLENT EXPOSURE ALONG MAIN THOROUGHFARE

Located on Route 32 (Norwich-New London Turnpike) which sees 18,294 VPD

This asset is located minutes from Mohegan Sun, which draws 7.6M Visitors annually, and is the second largest casino in the United States

CVS has a long and successful history at this site since it signed its lease in 2008

The asset is centrally located near Montville Commons, home to National Retailers: Home Depot (408.7k visits in the last 12 months) Stop & Shop (725.7K Visits in the last 12 months)

Sales Team

Atlantic Capital Partners is pleased to exclusively offer for sale the CVS located at 2005 Norwich-New London Turnpike in Montville, CT. The 13,325 SF building has been leased to CVS since it was built in 2008. The 25-Year Lease with CVS expires January 31, 2034 and includes six (6) five (5) year options. CVS is paying $370,300 with 5% increases at the start of every option period.

The CVS offering is located just minutes from the Mohegan Sun Casino, the 2nd largest casino in the United States. Mohegan Sun offers 364,000 SF of gaming space, multiple entertainment complexes, and draws over 7.6 million visitors annually

Eric joined Atlantic Capital Partners in 2023 as a Managing Director and Partner in the Boston office working to further advance the group’s well-established capital markets platform.

Eric and his team work on behalf of both private and institutional owners of commercial real estate throughout Greater Boston, New England, and beyond.  With over 14 years of experience, Eric has successfully worked on the disposition, acquisition, or recapitalization of hundreds of net lease retail, industrial, office, and medical office properties throughout the United States.  His expertise further includes 1031 exchange transactions, sale-leaseback, portfolio analysis, build-to-suit analysis, and market evaluation.

Throughout his career, Eric has executed over $1.3 billion in transaction value across 31 states.  He has worked with a wide range of clients including high net worth private individuals, family offices, merchant developers, owner-occupiers, REITs, private equity groups, and offshore capital.

Eric is a graduate of Connecticut College with a BA in History and English. Outside of the office, Eric is involved with Boston Children’s Hospital, the Cotting School, and Pine Street Inn.  Eric lives in Weston, Massachusetts with his wife, daughter, and dog, and in his spare time enjoys playing golf, running, and travel.

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