Cvs I Top 10 Store In The State Nation I Portfolio — Sale in Monroeville, PA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Monroeville, PA 15146
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Lease Corporately Guaranteed by CVS, The Largest Pharmacy Chain in the United States, with over 9,500 locations Nation-Wide and an S&P credit rating of BBB and a Moody’s Rating of Baa3. Subject Property is Surrounded by a Host of the Nation’s Most Successful Retailers Including Target, Lowe’s, Aldi, Chick-fil-A, Five Guys, Taco Bell, Jiffy Lube, and Many More. Investment Highlights: • Among all Pharmacy Visits (Per Placer.ai) this Store Ranks in the top 10% Nationwide and in Pennsylvania and the Top Store within a 5-Mile Radius Providing Additional Tenant Security • One of a Select few CVS Locations that Features a Health Hub which Includes the Same Services as a CVS MinuteClinic Plus the Added Benefit of Wellness Support and a Wider Variety of Health Products • Located at the Heavily Trafficked Signalized Intersection of William Penn Highway and Northern Pike with more than 35,000 Vehicles Passing Daily • Subject Property is Strategically Located In the Pittsburgh MSA - the 26th Most Populous Area in the U.S. with More Than 2.4 Million Residents and within 35-Miles from Pittsburgh International Airport
Market Context
This retail in Monroeville, PA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Monroeville, PA — view the full market.
Contact
- Timothy B. Stephenson Jr. · (215) 531-7000
- Stephen Filippo · (212) 430-5288 · stephen.filippo@marcusmillichap.com
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