Home » CVS Completes Union Avenue Purchase
Corporate Chain Store News Southeast

CVS Completes Union Avenue Purchase

CVS Care Corp. has officially closed on the former Union Avenue United Methodist Church building at Cooper and Union in Memphis, Tenn., clearing the way for the company to build a drug store.

Operating as CVS 4992 TN LLC, Rhode-Island based CVS purchased the building for $2.25 million from St. Luke’s United Methodist Church.

CVS also bought a 3,200-s.f. building at 171 S. Cooper, just south of the church.

It bought the adjoining property for $650,000 from 171 South Cooper Partners.

Memphis Heritage and other groups protested heavily against CVS’ plans to tear the church down.

Webinar: Best Business Practices For Your Store In 2023

Learn from AppCard’s SVP of corporate development and strategic partnerships, Eran Harel, and GreenAcres Market’s central department coordinator, Blake Herron, how AppCard’s personalized marketing, shopper analytics, and digital coupon platform helped GreenAcres boost its sales and loyalty penetration in 2022.


Register Now

Featured Photos

Featured Photo Barons Market Flagship Store
Point Loma Community
Huntington Beach, California
Share via
Copy link
Powered by Social Snap