335 Lancaster Ave - Drug Store FOR SALE


Malvern, PA 19355
$6,858,337 USD
332-345-4222
335 Lancaster Ave, Malvern, PA for Sale
$6,858,337 USD
Drug Store - FOR SALE
1/2
null | 8% Cap Rate

335 Lancaster Ave
Malvern, PA 19355


HIGHLIGHTS

  • Long-Term, 25-Year Absolute Triple Net (NNN) Lease | 11+ Years Remaining
  • Lease Guaranteed by CVS’s Corporate Entity | Investment Grade Credit: CVS Corporate (S&P: BBB)
  • Compelling Real Estate Fundamentals | Located Less Than 28-Miles from Philadelphia | Main Line Location | Site is Equipped with a Drive-Thru Pharmacy

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for CVS Pharmacy located at 335 Lancaster Ave in Malvern, PA. The site consists of roughly 12,900 rentable square feet of building space on estimated 1.94-acre parcel of land. This CVS is subject to a 25-year absolute triple-net (NNN) lease, which commenced January 31, 2009. The current annual rent is $548,667.

FOR SALE DETAILS

PRICE

$6,858,337 USD

PRICE/SF

$532 USD /SF

CAP RATE

8%

% 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

2009

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

-

APN/PARCEL ID

42-004-0296.0200

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.