7000 W Butler Pike - Drug Store FOR SALE


$8,100,815 USD
610-645-7700
7000 W Butler Pike, Ambler, PA for Sale
$8,100,815 USD
Drug Store - FOR SALE
1/5
null | 6.25% Cap Rate


HIGHLIGHTS

  • Dominant Retail Pharmacy: CVS has a market capitalization of $80 billion – 8x that of Walgreens – solidifying its position as the dominant pharmacy br
  • Corporate Guaranty: The lease is guaranteed by CVS Health Corporation, the only investment-grade pharmacy operator (rated BBB by Standard & Poor’s), o
  • Long Term Lease with No Rent Holiday: CVS has a lease extending until January 31, 2038, at this location, with ten five-year options to extend. The le
  • Strong Demographics / Affluent Market: CVS Pharmacy benefits from the affluent demographics surrounding Ambler, Pennsylvania, with 43,639 people withi

OVERVIEW

Equity CRE is pleased to present the opportunity to acquire a CVS Pharmacy property, available for sale to qualified investors. The asset features a triple-net (NNN) lease with an initial term running until January 31, 2038, followed by ten 5-year renewal options. The lease is guaranteed by CVS Health Corporation, the only investment-grade pharmacy operator (rated BBB by Standard & Poor’s), providing long-term income stability and credit-backed security for investors.

FOR SALE DETAILS

PRICE

$8,100,815 USD

PRICE/SF

$628 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,977 SF

ZONING

CRH

APN/PARCEL ID

65-00-10658-032

ASK ABOUT THIS PROPERTY

Kenneth YanniEquity CREMore Info
610-645-7700

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Kenneth YanniEquity CREMore Info
610-645-7700

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