2401 Cherahala Blvd
Knoxville, TN 37932

The Property serves as a critical full-service contact center for CaremarkPCS, a subsidiary within CVS Health’s Pharmacy Services business segment. The Pharmacy Services segment provides a broad range of pharmacy benefit management (PBM) solutions to employers, health plans, and government employee groups and sponsored programs. In 2018, this business unit generated 68% of total company revenue ($134 billion) and filled or managed +/- 1.9 billion prescriptions on a 30-day equivalent basis. The Property is one of only 5 CVS Health full-service contact centers in the U.S. (others located in CA, MO, PA, TX) and is surrounded by many other successful businesses including ADT Security, FedEx, National Transportation Research Center, Oak Ridge National Laboratory, and Gridsmart Technologies, Inc. The Property is located in one of East Tennessee's premier business parks, the Pellissippi Corporate Center (PCC). PCC is in the heart of East Tennessee’s highest concentration of technology-based companies and research institutions. The Property consists of 59,748 square feet situated on +/- 9.6 acres and was constructed in 2002. Founded in 1963, CVS Health Corporation (NYSE: CVS) operates America's leading retail pharmacy with integrated offerings across the entire spectrum of pharmacy care. The company is headquartered in Woonsocket, RI and employs more than 295,000. In 2018, CVS Health announced a groundbreaking $70 billion merger with Aetna to create a first of its kind healthcare model designed to achieve true vertical integration. The company has three key business segments: Pharmacy Services, Retail Pharmacy, and Health Care Benefits. For the twelve-month period ended December 31, 2018, CVS Health Corporation reported total revenue of $193.9 billion, which increased by $9.8 billion compared to 2017.