3100 Shillington Rd - Drug Store FOR SALE
Sinking Spring, PA 19608 |
3100 Shillington Rd
Sinking Spring, PA 19608
HIGHLIGHTS
- This property features an absolute triple (NNN) lease structure, ensuring no landlord responsibilities.
- Lease is corporately guaranteed by CVS (NYSE: CVS), with a market cap north of $94 billion and over 9,500 stores.
- With over 13 years remaining on the lease term, this investment ensures consistent rental income for the future
- As an essential retailer, CVS has been working to ensure the safety and well-being of patients and customers.
- Strategically located in Reading, PA, the property benefits from being situated within a populated community
- Drive-thru lanes proved to be critical for retailers through the pandemic, and as total sales volume for restaurants,.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
13225
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
80-4386-14-44-8599
