Drug Store
CVS Pharmacy
5703 Steubenville Pike, Robinson, PA 15136
Listing Price: $7,628,660
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a CVS located at 5703 Steubenville Pike, McKees Rocks, PA 15136. The property consists of roughly 12,900 rentable square feet of building space on an estimated 1.91-acre parcel of land. CVS is subject to a 12-year Absolute Triple-Net Lease (NNN). The initial rent is$381,433 and is scheduled to increased by 5.00% at each of the six (6), five (5) year tenant renewal option periods.
Broker of Record
Listing Price: $7,628,660
Investment Highlights
- 12+ Year Absolute Triple-Net (NNN) Lease
- Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to Over 42 Years
- 5% Rental Increases Every Five (5) Years Following Lease Expiration
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for a CVS located at 5703 Steubenville Pike, McKees Rocks, PA 15136. The property consists of roughly 12,900 rentable square feet of building space on an estimated 1.91-acre parcel of land. CVS is subject to a 12-year Absolute Triple-Net Lease (NNN). The initial rent is$381,433 and is scheduled to increased by 5.00% at each of the six (6), five (5) year tenant renewal option periods.
Broker of Record
