CVS Pharmacy with 10% Increases

236 Grant Street, Johnsonburg, PA

$1,400,000

Price

5%

Cap Rate

$70,000

NOI

Overview
Cap Rate
5%
NOI
$70,000
Lease Type
Triple Net
Tenancy
Single
Year Last Renovated
2017
Gross Leaseable Area
10069
Description

CVS executed an 11-year lease extension, 4 years EARLY with NO rent reduction and 10% increases every in the Primary Term and Options. CVS Corporate Guaranty was also added.

Highlights
  • 10% Increases in Primary Term & Options
  • Recent Long-Term Extension, 4 Years Early New Roof with 15 Year Warranty
  • Low Price PSF
  • CVS at this location since 1989
  • All Previous Options Were Exercised
Documents
Title
Johnsonburg__PA-_CVS_Investment_Package.pdf
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Location
Gallery