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Oak Street Health (S&P: BBB)

Oak Street Health has 10 years and 3 months remaining on the Lease with 2% Annual Increases.
Corporate guarantee from CVS Health which has a S&P Rating of BBB & revenues of $357.8 Billion. CVS acquired Oak Street Health May 2023.
Oak Street Health operates 204 locations in 25 states. Oak Street Health is a leading provider of primary care for adults on Medicare. By integrating CVS Health's pharmacy services and MinuteClinic locations into Oak Street Health centers, patients can access a wide range of healthcare services all under one roof.
Oak Street Health is located along South Saginaw Street where traffic counts average 19,505 vehicles per day. Interstate 75 has an impressive flow of 103,713 vehicles per day which serves as a vital artery, connecting Burton to nearby cities and contributing to its growth and accessibility.
Strong demographics with a 5-mile population of 131,328 and average household income of $69,541.
Near General Motors Flint Assembly which has produced more than 15 million vehicles. General Motors is one of Michigan’s major employers which has locations in Burton as well as Flint which is the birthplace of General Motors.
Nearby retailers include Kroger, McDonalds, Taco Bell, Ashley Outlet, Rocky’s Great Outdoors, Rite Aid, Dollar General, PetSmart, DSW, and much more.
Burton conveniently located between major metropolitan areas including Lansing (55 miles), Ann Arbor (52 miles), and Detroit (65 miles).

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The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.