B+EArticle
Pharmacy Cap Rates 2025: Walgreens vs. CVS Net Lease Analysis
Walgreens at 7.81% | CVS at 6.79% The pharmacy net lease sector ended 2025 with a familiar structure — and one meaningful shift.Walgreens average cap rate: 7.81%CVS average cap rate: 6.79%CVS has historically traded at a premium to Walgreens. That relationship continued in 2025.What changed was the expansion of…
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Provenance
- Publisher
- B+E
- Obtained from
- B+E Net Lease
- Published
- Feb 26, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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