50 Bridge St - Drug Store FOR SALE


Tunkhannock, PA 18657
$5,260,000 USD
480-949-9011
50 Bridge St, Tunkhannock, PA for Sale
$5,260,000 USD
Drug Store - FOR SALE
1/6
null | Request Cap Rate

50 Bridge St
Tunkhannock, PA 18657


OVERVIEW

• Triple-Net (NNN): Absolutely zero landlord responsibilities. Tenant responsible for all maintenance and repair, including roof and structure. • Strong Credit Tenant: CVS has investment-grade credit and strong financials. (CVS Health) S&P: BBB; NYSE: CVS • Long-Term Lease: ±17-year lease with 10 five-year extensions • Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 4.163% interest rate. • Debt Structure: Requires limited equity investment and can generate passive losses that work to offset taxable income from other investments. • Paydown/Readvance: Structure allows for low equity contributions with high long-term return on initial investment and allows withdrawal of money over and above percentage over the debt.

FOR SALE DETAILS

PRICE

$5,260,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

2.63 AC

LAND SF

114,563 SF

ZONING

comm

APN/PARCEL ID

22-059.1-401-00-00-00-1

ASK ABOUT THIS PROPERTY

Matt SturckenSandor Development CompanyMore Info
480-949-9011

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Matt SturckenSandor Development CompanyMore Info
480-949-9011

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