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29692261
29692262

1833 E High St, Pottstown, PA 19464 For Sale

JY
OH 2018004451
Matthews
ES
OH 2025003333
Matthews
Listed by Matthews
$3,600,000
157 days on market
Updated 87 days ago

CVS

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 10,125
Cap Rate 6.25%
NOI $225,000
Occupancy 100%
Tenancy Single
Lease Type NN
Remaining Term 9
Price per SqFt $356
Year Built 1999
Year Renovated 2025
Buildings 1
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee

CVS (Pottstown, PA) - 6.25% cap - Brand new roof w/ 20 year warranty

Marketing description

Investment highlights

  • Brand New Roof with transferable 20-year warranty – The property recently underwent a full tear-off and complete roof replacement, accompanied by a 20-year warranty, providing long-term durability, reduced capital risk, and predictable ownership costs for the next two decades.

  • Favorable Demographics – The property is supported by a strong trade area with an average household income of $126,000 and a population of 97,000 within a 5-mile radius, reinforcing tenant performance and long-term site viability.

  • High-Performing Store – Ranked in the 70th percentile of CVS stores nationwide for store visits according to Placer.ai.

  • Below-Market & Replaceable Rent – Current rent is below market, enhancing long-term durability and supporting strong residual value with excellent re-tenanting prospects.

  • Proximity to Healthcare – Situated in close proximity to local hospital and a dense concentration of medical offices, supporting sustained prescription volume and repeat customer traffic.

  • Long-Term Lease – 9 years remaining on the initial term, providing stable and predictable cash flow.

  • Corporate Guarantee – Backed by the tenant’s corporate entity, strengthening credit quality and enhancing income security.

Listing Contacts

JY
OH 2018004451
Matthews
ES
OH 2025003333
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$225,000.00
$18,750.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Kyle Matthews
License
RB068831 (PA)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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