717 E Main St - Drug Store FOR SALE
Palmyra, PA 17078 |
$4,108,046 USD
917-697-3215
717 E Main St
Palmyra, PA 17078
HIGHLIGHTS
- Absolute NNN Lease | Fully passive structure with no landlord obligations, ensuring predictable long-term income. Zero landlord responsibilities
- Strong Corporate Tenant | CVS provides investment-grade (S&P BBB) stability with a national footprint and steady store performance
- Essential Retail Use | Healthcare-driven demand supports consistent traffic and long-term operational resilience
OVERVIEW
Surmount is pleased to present the exclusive listing for a CVS Pharmacy located at 717 East Main Street, Palmyra, PA 17078. The site consists of roughly 11,995 rentable square feet of building space on an estimated 1.37-acre parcel of land. CVS Pharmacy is subject to a 25-year Triple Net (NNN) lease, which commenced in January 2015.
FOR SALE DETAILS
PRICE
$4,108,046 USD
PRICE/SF
$344 USD /SF
CAP RATE
6.5%
% 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
2014
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
-
APN/PARCEL ID
16-2292798-358720-0000
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917-697-3215
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917-697-3215
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