1833 E High St - Drug Store FOR SALE
Pottstown, PA 19464 |
$3,600,000 USD
216-367-7884
1833 E High St
Pottstown, PA 19464
HIGHLIGHTS
- Brand New Roof with transferable 20-year warranty – The property recently underwent a full tear-off and complete roof replacement, accompanied by a 20
- Favorable Demographics – The property is supported by a strong trade area with an average household income of $126,000 and a population of 97,000 with
- High-Performing Store – Ranked in the 70th percentile of CVS stores nationwide for store visits according to Placer.ai.
- Below-Market & Replaceable Rent – Current rent is below market, enhancing long-term durability and supporting strong residual value with excellent re-
- Proximity to Healthcare – Situated in close proximity to local hospital and a dense concentration of medical offices, supporting sustained prescriptio
- Long-Term Lease – 9 years remaining on the initial term, providing stable and predictable cash flow.
FOR SALE DETAILS
PRICE
$3,600,000 USD
PRICE/SF
$356 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS Pharmacy
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
R4
APN/PARCEL ID
42-00-01435-008
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216-367-7884
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216-367-7884
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