2000-2114 Spring Valley Rd - Drug Store FOR SALE


Lancaster, PA 17601
$2,082,000 USD
949-698-1113
2000-2114 Spring Valley Rd, Lancaster, PA for Sale
$2,082,000 USD
Drug Store - FOR SALE
1/4
null | 8.75% Cap Rate

2000-2114 Spring Valley Rd
Lancaster, PA 17601


HIGHLIGHTS

  • Approximately 11 Years Remaining | Drive Thru Equipped Investment Grade Tenant (S&P: BBB)
  • Absolute NNN | Zero Landlord Responsibilities
  • Signalized, Hard Corner Intersection | Dense MOB Corridor |Adjacent to Grocery Outlet Center | Close to Park City Center
  • Strong Demographics in 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, investment grade (S&P: BBB), drive-thru equipped, CVS investment property located in Lancaster, PA. The tenant has approximately 11 years remaining with 1 (4-Year, 3-Month) & 4 (5-year) options to extend, demonstrating their commitment to the site. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor. CVS Pharmacy is America’s leading retail pharmacy with nearly 10,000 locations across 49 states, District if Columbia and Puerto Rico.

FOR SALE DETAILS

PRICE

$2,082,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS | Approx 11yrs Abs NNN | DriveThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

GC

APN/PARCEL ID

290-01920-0-0000

ASK ABOUT THIS PROPERTY

John RedfieldSRS Real Estate PartnersMore Info
949-698-1113

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John RedfieldSRS Real Estate PartnersMore Info
949-698-1113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.