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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
Kyle Matthews
License # RB068831 (PA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
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
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CVS Pharmacy | 1833 E High St
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