Skip to main content

Drug Store

CVS Pharmacy | 11+ Year Lease | True NNN

1206 Gravel Pike, Zieglersville, PA 19492

Listing Price: $8,398,528

Cap Rate
6.25%
Tenant Name
CVS
Years Remaining On Lease
11.5
Guarantor
Corporate Guarantee
Rentable SF
13,013
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.11

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Zieglersville, Pennsylvania. The property consists of roughly 13,013 rentable square feet of building space on an estimated 1.85-acre parcel of land. CVS Pharmacy benefits from its location on N. Gravel Pike as the site sees over 12,000 vehicles each day. The site also benefits from being situated in a very Affluent area with an average household income of over $125,000 within a five-mile radius.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 11 Years of Term Remaining
  • Limited Competition | No Other Pharmacies in Town
  • Corporate Guaranteed | Investment Grade Tenant (S&P: BBB)

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Drug Store

CVS Pharmacy | 11+ Year Lease | True NNN

Listing Price: $8,398,528

Cap Rate
6.25%
Tenant Name
CVS
Years Remaining On Lease
11.5
Guarantor
Corporate Guarantee
Rentable SF
13,013
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$41.11

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Over 11 Years of Term Remaining
  • Limited Competition | No Other Pharmacies in Town
  • Corporate Guaranteed | Investment Grade Tenant (S&P: BBB)

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a CVS Pharmacy located in Zieglersville, Pennsylvania. The property consists of roughly 13,013 rentable square feet of building space on an estimated 1.85-acre parcel of land. CVS Pharmacy benefits from its location on N. Gravel Pike as the site sees over 12,000 vehicles each day. The site also benefits from being situated in a very Affluent area with an average household income of over $125,000 within a five-mile radius.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

MM Texture Background
MM Textured Background Lower