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Leases measured by decades, taken by creditworthy tenants with juicy expansion options. What could be better for retail investors wary about the uncertainties of the new year?

That’s the hat-trick that comes with pharmacy investment for triple- and double-net players looking for just that sort of virtually risk-free scenario. The three major players in the field, of course, are CVS, Walgreens and Rite-Aid, each with its loyal following, underpinned somewhat by the dictates of shoppers’ insurance programs, virtually ensuring a relatively stable customer base and a constant flow-through of sales.

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