Log In/Sign Up
Your email has been sent.
CVS Zero Cash Flow 604 Corner Ketch Rd 13,225 SF Retail Building Newark, DE 19711 $10,566,591 CAD ($798.99 CAD/SF)
INVESTMENT HIGHLIGHTS
- 19+ years remaining on absolute net lease
- Corporate guaranty from CVS Health Corporation (see below)
- Heavily trafficked intersection – 27,000+ VPD
- Zero cash flow lease structure
- 2019 build-to-suit construction at signalized hard corner
- Extremely affluent residential submarket – $191,000 average household incomes within a 1-mile radius of the subject property
EXECUTIVE SUMMARY
A CVS Zero Cash Flow asset with 19+ years remaining in the base term of an absolute net lease. Subject property is located in Newark – an extremely affluent Philadelphia suburb boasting average household incomes of $191,000 within a 1-mile radius.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,225 SF
Building Class
C
Year Built
2019
Price
$10,566,591 CAD
Price Per SF
$798.99 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
3.30 AC
Zoning
CR, Mill Creek 100
Frontage
PROPERTY TAXES
| Parcel Number | 08-035.00-014 | Improvements Assessment | $752,668 CAD |
| Land Assessment | $41,723 CAD | Total Assessment | $794,391 CAD |
PROPERTY TAXES
Parcel Number
08-035.00-014
Land Assessment
$41,723 CAD
Improvements Assessment
$752,668 CAD
Total Assessment
$794,391 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
CVS Zero Cash Flow | 604 Corner Ketch Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.