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2501 Warren Rd
Indiana, PA 15701
CVS Pharmacy | 13 Year NNN | 6.55% Cap · Retail Property For Sale
Investment Highlights
- Single Tenant Net Leased Retail Asset
- Corporate Guarantee from CVS Health Corporation (NYSE: CVS)- $99.71 Billion Market Cap
- 5% Scheduled Rent Increases In Option Periods 1 Through 6 - Low In-Place NOI of $289,806
- CVS Pharmacy with Health HUB & Minute Clinic - Retail Medical Clinic Operated Inside CVS Pharmacy
- Tenant Recently Extended Their Lease by an Additional 5-Year Term - 13 Years Contractual Lease Term Remaining
- Close Proximity to Indiana University of PA (9,082 Students) and Indiana Regional Medical Center (166 Beds, 12 ICU Beds, 23 Emergency Dept. Beds)
Property Facts
Property Type
Retail
Property Subtype
Building Size
11,945 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.00 AC
Zoning
C - Commercial
Amenities
- Corner Lot
- Security System
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 42-063-105 | Improvements Assessment | $1,556,200 |
| Land Assessment | $339,000 | Total Assessment | $1,895,200 |
Property Taxes
Parcel Number
42-063-105
Land Assessment
$339,000
Improvements Assessment
$1,556,200
Total Assessment
$1,895,200
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