CVS | TRUE NNN LEASE

CVS | TRUE NNN LEASE

$6,700,000 | 7.50%

Audubon, Pennsylvania

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Features

  • Triple Net Lease with 12+ Years Remaining | Assumable Debt 11.80% Cash-on-Cash
  • Build-to-Suit Construction for CVS | Long Term Occupancy — Tenant Since 2007
  • Signalized Hard Corner at S. Park Avenue (13,054 VPD) & Egypt Road (21,663 VPD) | Only 0.8 Miles from the Pottstown Expressway (37,822 VPD)
  • Ten, Five-Year Options with Rare 3% Rental Increases Every Five Years | Corporately Guaranteed
  • Surrounded by Major Retail & Near the Third Largest Mall in the U.S.
  • 154,225 Residents and 220,510 Employees Within Five Miles
  • Average Household Income of $153,400 Within Three Miles

Contact

SEAN SHARKO
Senior Managing Director
Tel: (630) 570-2238
sean.sharko@marcusmillichap.com

* Broker of Record: Steven Weinstock

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