For Sale
$7,453,687

130 Schuylkill RdPhoenixville, PA 19460

Phoenixville, PA: High-yield CVS NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 10,013 square foot CVS Pharmacy located at 130 Schuylkill Rd, Phoenixville, PA 19460. The property boasts a strong 8.00% cap rate and a substantial net operating income (NOI) of $596,295. Built in 2010, this absolute NNN lease with CVS Health Corp. (BBB/Stable S&P rating) provides a corporate guarantee and offers 11+ years remaining on the lease term with flat rent bumps. Situated on a 2.485-acre lot, the property benefits from a prime location in a dense retail corridor with high traffic volume (approximately 16,000 vehicles per day) and shared access with Wawa. The surrounding area demonstrates strong demographics, including an average household income between $119,000 and $134,000 within a 5-mile radius, encompassing approximately 88,000 residents. National retailers such as Taco Bell, McDonald's, AutoZone, Bank of America, Wells Fargo, and others are nearby. This presents a secure, long-term investment opportunity with consistent cash flow and minimal landlord responsibilities. The asking price is $7,453,687, translating to a price per square foot of $744.40. Lease details are available upon request.

Highlights

  • $7,453,687 asking price for this 10,013 SF CVS Pharmacy.
  • Absolute NNN lease with a corporate guarantee from CVS Health Corp.
  • 11+ years remaining on the lease term.
  • 8.00% cap rate with a $596,295 NOI.
  • Located in Phoenixville, PA, in a high-traffic area with strong demographics.
  • Situated in a dense retail corridor with other national tenants.

Property Details for 130 Schuylkill Rd

Property type
Retail properties, Drug stores
Square Feet
10,013 SF
Year Built
2010
Lot Size (sq. ft)
108,247 SF

Location Insight

City
Phoenixville
County
Chester
State
Pennsylvania
Latitude
40.1323698
Longitude
-75.5377572
130 Schuylkill Rd, Phoenixville, Pennsylvania

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130 Schuylkill Rd
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