We are pleased to offer for sale the CVS Pharmacy property located at 702 Chester Pike, Prospect Park, PA 19076 (the "Property"). This offering provides a secure, passive investment opportunity featuring an absolute triple-net (NNN) lease with zero landlord responsibilities. CVS has operated at this location for over 25 years and committed to a 20 year extension in 2018 with a firm term through January 31, 2038.
The Property is located within the Philadelphia metropolitan Statistical area (MSA), benefiting from a dense population base of approximately 300,000 residents within a five-mile radius. The Property sits along Chester Pike (U.S. Route 13) and is located 1.5 miles from Interstate 95, a major regional highway carrying over 156,000 vehicles per day.
Listed in conjunction with Brian Brockman, Bang Realty - Pennsylvania Inc, 513-898-1551, wg@bangrealty.com, PA DRE Lic. RM423816.