CVS | 130 Schuylkill Rd
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CVS 130 Schuylkill Rd
13,013 SF Retail Building Phoenixville, PA 19460 £5,838,473 (£449/SF) 8% Net Initial Yield
Investment Highlights
- Absolute NNN Lease Structure with 11+ years remaining, no landlord responsibilities providing passive ownership.
- 88,000 residents within a 5 mile radius
- 11+ Years of Uninterrupted Cash Flow
- Site Benefits from shared access with Wawa & signalized Intersection ~16,000 VPD Pass Site on Schuylkill Road
- Extremely High Avg. Household Incomes in 1-5 Mile Radius - $119K - $134K
- he lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,013 SF
Building Class
C
Year Built
2010
Price
£5,838,473
Price Per SF
£449
Net Initial Yield
8%
NOI
£467,078
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
2.48 AC
Zoning
R2
Parking
82 Spaces (6.3 Spaces per 1,000 SF Leased)
Frontage
239 ft on Nutt Road
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 27-002-0058.0100 | Improvements Assessment | £2,296,518 |
Land Assessment | £100,380 | Total Assessment | £2,396,898 |
PROPERTY TAXES
Parcel Number
27-002-0058.0100
Land Assessment
£100,380
Improvements Assessment
£2,296,518
Total Assessment
£2,396,898
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CVS | 130 Schuylkill Rd
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