2801 Egypt Rd - Drug Store FOR SALE
Audubon, PA 19403 |
$6,700,000 USD
404-400-2794
2801 Egypt Rd
Audubon, PA 19403
HIGHLIGHTS
- High Income Suburb of Philadelphia, PA: The 3-Mile population has an average household income of $135,036 per year
- Dense Population: Over ±45,000 residents live within 3 miles of the property
- Oversized ±1.77 Acre Parcel
- Property can either be acquired free and clear or with an assumable loan. The loan is interest only and matures in 2029 with a cash on cash return
- Long Term Lease: ±13 years of remaining lease term
- Hedge Against Inflation: Rental increases included in the option periods
FOR SALE DETAILS
PRICE
$6,700,000 USD
PRICE/SF
$560 USD /SF
CAP RATE
7.5%
% 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
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.77 AC
LAND SF
77,101 SF
ZONING
-
APN/PARCEL ID
43-00-03658-007
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404-400-2794
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404-400-2794
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