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CVS Pharmacy 2801 Egypt Rd 11,970 SF Retail Building Audubon, PA 19403 $9,262,750 CAD ($773.83 CAD/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- High Income Suburb of Philadelphia, PA: The 3-Mile population has an average household income of $135,036 per year
- Oversized ±1.77 Acre Parcel
- Long Term Lease: ±13 years of remaining lease term
- Dense Population: Over ±45,000 residents live within 3 miles of the property
- Property can either be acquired free and clear or with an assumable loan. The loan is interest only and matures in 2029 with a cash on cash return
- Hedge Against Inflation: Rental increases included in the option periods
EXECUTIVE SUMMARY
Broker of Record
Kyle Matthews
License # RB068831 (PA)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # RB068831 (PA)
Matthews
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,970 SF
Building Class
B
Year Built
2007
Price
$9,262,750 CAD
Price Per SF
$773.83 CAD
Cap Rate
7.50%
NOI
$694,622 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.77 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 43-00-03658-007 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $4,459,600 CAD |
PROPERTY TAXES
Parcel Number
43-00-03658-007
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$4,459,600 CAD
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CVS Pharmacy | 2801 Egypt Rd
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