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Walgreens | Dover, PA 3180 Carlisle Rd 14,820 SF Retail Building Dover, PA 17315 $5,741,148 CAD ($387.39 CAD/SF) 10% Cap Rate

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Investment Highlights

Absolute NNN lease with ~5 years remaining and corporate Walgreens guaranty; no landlord responsibilities
Signalized corner with excellent visibility and 27,000+ VPD
6 miles from York with easy access to Route 30 and I-83

14,820 SF drive-thru on 2.13 acres with strong residual value and redevelopment potential
Positioned on Carlisle Road, a primary retail corridor with national tenants
90K+ population within 5 miles, strong incomes, and continued growth

Executive Summary

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this Walgreens located in Dover, Pennsylvania, represents a rare opportunity to acquire a fee simple, absolute NNN-leased asset occupied by Walgreens (Walgreen Eastern Co., Inc.), one of the nation’s most recognized retail pharmacy operators. The property features a long-term, corporately guaranteed lease structure, offering passive ownership with no landlord responsibilities, capital expenditures, or maintenance obligations.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Drug Store

Building Size

14,820 SF

Building Class

Year Built

2006

Price

$5,741,148 CAD

Price Per SF

$387.39 CAD

Cap Rate

10%

NOI

$574,115 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.16

Lot Size

2.07 AC

Zoning

CM - 373 - Retail - Single Occupancy

Parking

55 Spaces (3.73 Spaces per 1,000 SF Leased)

Signage

Major Tenants

Retailer
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Walgreens est une destination de santé locale fiable et pratique sur laquelle des millions d'Américains comptent chaque jour. Leur fondateur, Charles R. Walgreen père, était connu pour avoir trouvé de nouvelles façons de communiquer avec les clients sur un plan personnel et pour traiter chaque personne comme un invité dans sa propre maison. Depuis plus d'un siècle, ils ont élargi ce lien personnel grâce à leur réseau de pharmacies de quartier et à leurs produits et services de santé novateurs. Le fondement de tout cela repose sur leur expertise pharmaceutique de confiance et les membres de leur équipe qui fournissent des soins essentiels qui aident les gens à obtenir de meilleurs résultats en matière de santé à un coût abordable.