Overview

Description

• The tenant, CVS Pharmacy, has occupied the site since 2004 and has over
11 years remaining with 2 (5-year) options to extend, demonstrating their commitment to the site
• Corporate guaranteed lease by CVS (S&P: BBB)
• CVS Pharmacy is America’s leading retail pharmacy with nearly 10,000 locations across 49 states, District of Columbia, and Puerto Rico
• Tenant pays for CAM, taxes, insurance and maintains most aspects of the premises
• Minimal landlord responsibilities
• Ideal investment for a passive investor

• Rare opportunity to own the only CVS within a 10-mile radius
• Strong store with growing YoY sales (contact agent for details)
• Equipped with a drive-thru pharmacy, providing ease and convenience for customers
• On average, stores with drive-thrus experience higher sales than those without
• Strategically located at the signalized intersection of Allegheny St. and Bridge St., with an average of 17,000 vehicles passing by daily.
• The property benefits from excellent visibility and access via significant street frontage, multiple points of ingress/egress, and a large pylon sign
• More than 13,000 residents and 4,900 employees support the trade area
• $78,364 average household income

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