351 W Schuylkill Rd - Drug Store FOR SALE
Pottstown, PA 19465 |
351 W Schuylkill Rd
Pottstown, PA 19465
HIGHLIGHTS
- CVS Pharmacy has been operating in this location for over thirty (30) years and recently moved across the parking lot
- CVS Pharmacy is operating on a long-term, 25-year NNN Ground Lease with rare, 15% rental increases in each of the options
- CVS Pharmacy is strategically situated in close proximity to major roadways - PA-724 (8,000 VPD), Pottstown Pike (21,000 VPD), & RT-422 (53,000 VPD)
- The Property is surrounded by a host of shopping destinations such as the Coventry Mall, Towne Square Plaza and the Philadelphia Premium Outlets
- The Lease is backed by a corporate guaranty from CVS Caremark Corporation, which offers an investment-grade credit rating of BBB (S&P)
- The Property is located in Chester County – the 7th largest county in Pennsylvania by population – and is just 37 miles from the city of Philadelphia
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS - Pottstown, PA (Philadelphia MSA)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13540
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
17-003-0014.0100
