290 Pottstown Ave | Pennsburg, PA 18073
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- LoopNet Team
290 Pottstown Ave
Pennsburg, PA 18073
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guaranty: The lease is backed by CVS Health’s corporate entity, the only investment grade pharmacy (BBB rating from Standard and Poor’s)
- Limited Competition: This is the only major retail drug store within a 7.5 mile radius and benefits from limited competition in the surrounding area.
- Strategic Location: The property’s position on Pottstown Avenue, a major thoroughfare in Pennsburg, enhances its visibility and accessibility
- Strong Demographics: CVS Pharmacy benefits from the strong demographics surrounding this location, with 32,948 people within 5 miles of the site and a
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,870 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.91 AC
Zoning
LIC - The zoning allows for various commercial activities, making it a strategic location for businesses due to its high visibility and accessibility1
Parking
62 Spaces (4.82 Spaces per 1,000 SF Leased)
Frontage
315’ on Pottstown Ave
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 15-00-01879-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $965,550 |
PROPERTY TAXES
Parcel Number
15-00-01879-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$965,550
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