212 Pottsville St, Cressona, PA, USA, Cressona, PA 17929 For Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy located in Pottsville, PA. The lease runs through January 2036 which leaves over 9 years remaining on the primary term. CVS has been successfully operating at this location since 2010, demonstrating commitment to the site. The lease is triple net which presents no landlord responsibilities and has ten 5-year renewal options attached. The lease also features a corporate guaranty.

The 13,277 square-foot building is positioned just off of Pottsville’s main thoroughfare, State Highway 61, which experiences over 21,344 vehicles per day. The subject property is adjacent to Cressona Mall, a major shopping destination for the surrounding population. The mall is occupied by GIANT, Staples, Goodwill, Advance Auto Parts, Verizon, Planet Fitness, and Ollie’s Bargain Outlet. Other neighboring retailers include Advance Auto Parts, Burger King, Sherwin-Williams, Long John Silvers, and A&W. The subject property is also positioned amongst several large industrial tenants that drive daytime population. Those tenants include Hydro Extrusions North America, Northeast Prestressed Products, and Prysmian Group. CVS is also located several blocks west of Penn State – Schuylkill which is 1 of the 19 Pennsylvania Commonwealth campuses. Furthermore, there are 39,991 people living within a five-mile radius that earn an average household income of $82,979.

CVS Health Corporation, founded in 1963 as Consumer Value Stores and headquartered in Woonsocket, Rhode Island, is a leading health solutions company in the United States, operating over 9,000 retail pharmacies, more than 1,000 MinuteClinic locations, and comprehensive health insurance through Aetna, acquired in 2018. With a mission to enhance healthcare access, lower costs, and provide personalized care, CVS Health serves approximately 27.1 million medical members and processes over 464 million pharmacy claims annually through its CVS Caremark pharmacy benefit manager.