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CVS Pharmacy 1833 E High St 10,125 SF Retail Building Pottstown, PA 19464 $3,600,000 ($355.56/SF) 6.25% Cap Rate
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
- High-Performing Store – Ranked in the 70th percentile of CVS stores nationwide for store visits according to Placer.ai.
- Proximity to Healthcare – Situated in close proximity to local hospital and a dense concentration of medical offices, supporting sustained prescriptio
- 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 with
- Below-Market & Replaceable Rent – Current rent is below market, enhancing long-term durability and supporting strong residual value with excellent re-
- Long-Term Lease – 9 years remaining on the initial term, providing stable and predictable cash flow.
Executive Summary
Broker of Record
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built/Renovated
1999/2025
Price
$3,600,000
Price Per SF
$355.56
Cap Rate
6.25%
NOI
$225,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
R4 - “R-4 zoning” allows for higher density residential development, including multi-family dwellings, townhouses, and apartments.
Frontage
100’ on High St
Nearby Major Retailers
Property Taxes
| Parcel Number | 42-00-01435-008 | Improvements Assessment | $566,570 |
| Land Assessment | $288,520 | Total Assessment | $855,090 |
Property Taxes
Parcel Number
42-00-01435-008
Land Assessment
$288,520
Improvements Assessment
$566,570
Total Assessment
$855,090
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CVS Pharmacy | 1833 E High St
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