1225 3 StFullerton, PA 18052

  • Retail properties
  • 9,707 SF
For Sale
$3,961,315 View listing

Property Details for 1225 3 St

Year built
2019
Lot size
1.46 AC
Property size (Sq ft)
9,707 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents the chance to acquire a leasehold interest in a thriving CVS Pharmacy located at 1225 3rd St, Fullerton, Pennsylvania, 18052. The property, built in 2019, boasts 9,707 square feet situated on a 1.46-acre lot. This single-tenant, absolute NNN net lease features a credit-rated, corporate-guaranteed tenant with a remaining lease term of 15.2 years, expiring January 31, 2040, and includes six 5-year renewal options. The ground lease also expires January 31, 2040, offering a long-term, secure investment. The property enjoys 100% occupancy and benefits from a zero cash flow structure and 100% depreciation. The asking price is $3,961,315, with an equity requirement of $632,479 (19% over debt). This investment is further enhanced by the property's location in a fast-growing region within a dense retail corridor, characterized by attractive demographics and a convenient drive-thru pharmacy. The property offers a passive investment with no landlord responsibilities. This is a truly exceptional opportunity for investors seeking a secure, high-yield, low-risk investment with significant long-term potential.

1225 3 St, Fullerton, Pennsylvania

Location Insight

City
Fullerton
County
Lehigh
State
Pennsylvania
Latitude
40.6424
Longitude
-75.4735

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