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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

Bank of America
WW
GIANT Food Stores of Carlisle
Philly Pretzel Factory
Rent-A-Center
Redner's Warehouse Markets
Pat's Pizza & Bistro
Citizens Bank
Planet Fitness
Premier Martial Arts International

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-002-0058.0100
Land Assessment
£100,380
Improvements Assessment
£2,296,518
Total Assessment
£2,396,898
  • Listing ID: 31153171

  • Date on Market: 07/03/2024

  • Last Updated:

  • Address: 130 Schuylkill Rd, Phoenixville, PA 19460

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