Lakewood Ranch, FL and CVS continue to receive accolades

Full transparency first. The genesis of this short article is our CVS ground lease listing in Lakewood Ranch. It is a premier asset, and we’re proud to have it in our portfolio. Please visit here or contact broker David Sobelman at ds@3-properties.com to learn more. 

Great news

MarketWatch ran a story recently with the headline “CVS stock surges after earnings beat, guidance boost.” And Business Observer ran a story in July about Lakewood Ranch titled “Master-planned community leads nation in housing starts.” 

CVS is forward-thinking

The CVS news is self-evidently fantastic for shareholders, because it made them money. But it reveals much more than that. A close read of the MarketWatch article highlights that CVS is not just a large retail pharmacy. It’s a forward-thinking health-hub that offers value-added services such as free drug delivery and stores dedicated to helping those with chronic health problems. 

In short, CVS is pivoting to take advantage of a changing landscape. One where purchasing habits are driven by convenience and access to healthcare is a core societal concern. 

Lakewood Ranch is fast-growing

If you don’t know it by now, we’re a big fan of Lakewood Ranch, and we’re clearly not alone. According to Business Observer, Lakewood Ranch had the most housing starts in the country for Q2 2019, and it’s currently the second-fastest growing community in the U.S. 

This news is no surprise to those who know the area. It’s a great location in the Sarasota MSA, and is well-known for its access to fantastic shopping, high concentration of wealth, and exceptional amenities. 

Thanks for your time! 

We are proud of this CVS, and we’re glad you took time to read about these good news stories. Please don’t hesitate to contact David if you have any questions.