1101 S West End Blvd - Drug Store FOR SALE
Quakertown, PA 18951 |
1101 S West End Blvd
Quakertown, PA 18951
HIGHLIGHTS
- A relocation of an established store within the market, CVS is operating on a long-term, corporately backed lease with over 21 years remaining
- CVS is an Investment Grade Credit Tenant - rated BBB by Standard & Poor's
- Average household incomes within 1 mile of the property exceed $97,000 and the 1, 3 and 5-mile rings feature historical and projected growth
- Route 309 is a major regional retail corridor with multiple shopping centers located in close proximity including two Giant anchored grocery centers
- Oversized parcel at 2.75 acres allows for multiple redevelopment options in the future
- Ten, five year options to renew the NNN lease with 10% rental increases in each option
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS | Quakertown, PA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13225
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
67
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
36-038-032-001
