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Top Location CVS: 11+ Years Term | 7.25% CAP 3100 Shillington Rd 13,225 SF Retail Building Sinking Spring, PA 19608 $7,827,072 CAD ($591.84 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corp. STNL, High-Profile, Investment Grade, Publicly-Traded CVS/pharmacy (NYSE: CVS (S&P “BBB”) 11+ Years of Term Remaining (No Early Termination)
  • Attractive 7.25% CAP Rate: Ideal Absolute NNN Lease with Zero Management Responsibilities and (10) 5-Year Option Periods with Multiple Increases
  • Two Purchase Options Available: New Loan Financing w/ Rent Credit at Closing or Assumable Loan Option at Attractive 4.54% Interest Rate & Rent Credit
  • Tremendous Performing Location: #1 CVS in 10 Mile Radius, Top 8% in 30 Miles, Top 15% in State of Pennsylvania, and Top 20% in the USA (Placer.AI)
  • Ideal Demographics: 150k People (5-Miles) in Growing Residential Community w/ Strong Employers & Commuter Traffic, Average HH Income $133k (3 miles)
  • Strategically Positioned Near Senior Living & Multiple Large Schools/Univ., Just 60 Miles Outside Downtown Philadelphia & 60 Miles to Harrisburg, PA

EXECUTIVE SUMMARY

• Corporately Backed, Single-Tenant Location with High-Profile, Investment Grade, Publicly-Traded CVS/pharmacy (NYSE: CVS (S&P “BBB”/Moody’s “Baa3”): Long-Term with 11+ Years of Term Remaining (No Early Termination Rights)
• Tremendous Performing Location: #1 CVS in 10 Mile Radius, Top 8% in 30 Miles, Top 15% in State of Pennsylvania, and Top 20% in the USA (Placer.AI)
• Attractive 7.25% CAP Rate on Ideal Absolute NNN Lease Structure with Zero Management Responsibilities and (10) 5-Year Option Periods with Multiple Increases
• CVS Health just Reported Third-Quarter Earnings and Revenue that Blew Past Estimates and also Raised its Adjusted Profit Outlook. Third Quarter Total Revenues Increased to a Record High $102.9 Billion, Up 7.8% Compared to Prior Year
• Oversized (3.26-Acre) Parcel Adjacent to Sinking Spring Skilled Nursing and Rehabilitation with 214 Beds for Continued Pharmacy Needs, Along with Being Just 1-Mile from the Residence at Village Greens Senior Living Facility with 130+ Beds
• Ideal Demographics with 150k People (5-Mile Radius) in a Growing Residential Community with Strong Employers and Commuter Traffic, Average Household Incomes of Approx. $133,000 (3-Mile Radius), and Strategically Positioned Just 60 Miles Outside Downtown Philadelphia and 60 Miles to Harrisburg, PA
• Two Purchase Options Available: New Loan Financing with Rent Credit at Closing or Assumable Loan Option at Attractive 4.54% Interest Rate and Rent Credit at Close
• Strong Tenancy: CVS/pharmacy is the Largest Pharmacy in the US with Over 9,000 Locations Nationwide with Revenues for the 12 Months Ended June 30, 2025 Totaling $387 Billion
• Region’s Largest Medical Provider, Tower Health/Reading Hospital Located 3.6 Miles with Over 700 Beds and a Medical Staff of More than 1,000 Physicians and Healthcare Professionals
• Easy Access on Signalized Lighted Corner and High Visibility Along Sinking Spring’s Main Roadway (Shillington Rd) with Excellent Curb Appeal, Prominent Pylon Signage, Modern Attractive Prototype Brick and Block Design along with Double Lane Drive-Thru
• High Foot Traffic Draw Being Located Across from Southern Middle School, Cornwall Terrace Elementary School (4,300 Students Plus Faculty), Less than 1 Mile from Wilson High School (2,200 Students Plus Faculty), and Less than 5-Miles from Alvernia University (2,500 Students Plus Faculty)
• Across from Major Sinking Spring Employer, Hofmann Industries, a 485,000 S.F. Manufacturing Operation, Employing Roughly 200+ Company-Wide, Another Local Source of Steady Traffic and Demand
• Directly Between U.S. Route 422 & Route 222 with a Combined Daily Traffic Count of Approx. 70,000 Vehicles Per Day
• Near Large Population Base: 5 Miles to the City of Reading, 60 Miles to the Greater Philadelphia Metropolitan Area, and 60 Miles to Harrisburg (Philadelphia International Airport, 65 Miles, and Harrisburg International Airport, 55 Miles)

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
B
Year Built
2010
Price
$7,827,072 CAD
Price Per SF
$591.84 CAD
Cap Rate
7.25%
NOI
$567,463 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
3.26 AC
Zoning
com
Parking
35 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
469’ on Shillington Rd

AMENITIES

  • Controlled Access
  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 13,225 SF
  • -
  • Triple Net
  • Feb 2037

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 TYPE LEASE END
Retailer 13,225 SF - Triple Net Feb 2037

NEARBY MAJOR RETAILERS

Truist
Mid Penn Bancorp
Fulton Bank
Lidl
7 Brew Coffee
Five Guys
Philly Pretzel Factory
GIANT
Citizens Bank
Weis Markets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
80-4386-14-44-8599
Land Assessment
$649,882 CAD
Improvements Assessment
$2,855,139 CAD
Total Assessment
$3,505,020 CAD
  • Listing ID: 38486439

  • Date on Market: 2025-11-18

  • Last Updated:

  • Address: 3100 Shillington Rd, Sinking Spring, PA 19608

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