CVS Pharmacy - Tunkhannock, PA
$5,260,000
50 Bridge Street, Tunkhannock, PA 18657
For Sale
Retail
Active
Last Updated: 04/05/2024
13,225 sqft
Building Size
2.635 sqft
Lot Area
Details:
Building Size: 13,225 sqft
Lot Area: 2.635 sqft
Occupancy: 100%
Lease Type: Absolute Net
Year Built: c. 2013
Tenancy: Single
Lease Expire Year: 1/31/2040
Highlights:
- 4.163% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity.
- Highly leveraged in-place assumable financing - great for debt replacement in a 1031 exchange
- 25-year original lease term with approximately 17 years remaining
- Lease type: Absolute Net - zero landlord responsibilities
Documents:
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CVS_Tunkhannock_PA_OM_ZCF_Apr2024.pdf
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Location
Gallery
