125 W Washington Ave | Chambersburg, PA 17201
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- LoopNet Team
125 W Washington Ave
Chambersburg, PA 17201
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CVS Has Operated Here Since 1999 – Signed a Long-Term, 15-Year Lease Extension in 2017
- Rare Low Rent Site with Increases Every Five Years of 7.50% | Next Increase is in 2027
- Located in Front of a Massive Medical Redevelopment
- Tenant is Paying a Low Rent Relative to Other CVS Sites and the Local Market
- Corporate Guarantee from CVS Corporation (NYSE: CVS) – S&P: BBB+
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,125 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.81 AC
Parking
32 Spaces (3.16 Spaces per 1,000 SF Leased)
Frontage
119’ on South Water Street
PROPERTY TAXES
| Parcel Number | 05-1D08-002A-000000 | Improvements Assessment | $122,600 |
| Land Assessment | $11,091 | Total Assessment | $133,691 |
PROPERTY TAXES
Parcel Number
05-1D08-002A-000000
Land Assessment
$11,091
Improvements Assessment
$122,600
Total Assessment
$133,691
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