CBRE, on behalf of ownership, is pleased to exclusively offer the fee simple interest in 39 Park St, Owego, NY 13827. The 10,125 square foot building sits on 1.11 acres. The property is subject to a triple-net lease with CVS Pharmacy. There are just under eight years of firm term remaining on the lease. In addition, the tenant has two five-year options with 8% rent increases. The lease is corporately guaranteed by CVS Pharmacy which boasts an investment grade credit rating of ‘BBB’ by Standard & Poor’s. The property has undergone recent capital improvements including a new parking lot in 2022 and a new roof in 2021.  The subject property is ideally positioned on a hard corner with multiple points of ingress and egress. The site benefits from over 20,900 combined vehicles per day. The property is located in the Owego downtown historic district. There are national retailers nearby such as Dunkin Donuts, Walgreens, AutoZone, M&T Bank, and more. There are also many local retailers in the immediate area. In addition, the property is located directly across from the town’s municipal complex which includes the Tioga County courthouse, county clerk’s office, police headquarters and the mayor’s office. Owego is a suburb of Binghamton and sits approximately 20 miles outside the city.