Map of Property

CVS Zero Cash Flow

For Sale

604 Corner Ketch Rd, Newark, DE 19711

This Newark property for sale is located at 604 Corner Ketch Rd. The general use of CVS Zero Cash Flow is retail and it incorporates 13,225 square feet of class C retail space. The current listed sale price for CVS Zero Cash Flow is $8,028,759. CVS Zero Cash Flow is situated on a lot that is 3.3 acre in size.

Contacts

broker
John Andreini

CP Partners

Property Details

  • Property Type Retail - Freestanding
  • Property Size 13,225 SF
  • Lot Size 3.3 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2019
  • Date Updated Jun 26, 2025
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.
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Highlights

  • 19+ years remaining on absolute net lease
  • 2019 build-to-suit construction at signalized hard corner
  • Corporate guaranty from CVS Health Corporation (see below)
  • Extremely affluent residential submarket – $191,000 average household incomes within a 1-mile radius of the subject property
  • Heavily trafficked intersection – 27,000+ VPD
  • Investment grade credit rating – S&P: BBB+
  • Zero cash flow lease structure (see Page 5)

Getting around

  • 7/100

    Walk Score ®

  • 24/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newark, DE
  • Neighborhood North Star
  • Zip Code 19711
  • Market Philadelphia

Points of Interest

  • Newark

    5.07 miles

  • Wilmington

    9.26 miles

  • Liberty

    1.48 miles

  • Shell

    1.94 miles

  • Wawa

    3.06 miles

  • Speedy Gas

    3.06 miles

  • BP

    3.07 miles

  • Riggins

    3.17 miles

  • Valero

    3.18 miles

  • Blink

    3.74 miles

  • JuiceBox

    4.19 miles

  • ChargePoint

    4.23 miles

  • Bryan's Field Trailhead Parking Lot

    0.90 miles

  • Whitely Farms Trailhead

    1.45 miles

  • David English Trailhead

    1.78 miles

  • Pidmont Baseball

    3.57 miles

  • Christiana Towers

    3.79 miles

  • Lot 8NE

    3.79 miles

  • Christiana Towers Meter Lot

    3.82 miles

  • Lot 8W

    3.83 miles

  • Lot 9-2

    3.86 miles

  • Lot 6

    3.86 miles

  • El Diablo Burritos, Pike Creek

    1.46 miles

  • Piree's Piri Piri Grill

    1.48 miles

  • Tyler's

    1.49 miles

  • Dunkin'

    1.62 miles

  • Mee Garden

    1.65 miles

  • Domino's

    1.66 miles

  • tierra mexi-cali grill

    1.72 miles

  • Sushi Xtreme

    1.72 miles

  • soybean asian grille

    1.74 miles

  • Anthony's Coal Fired Pizza

    1.75 miles

  • Acme

    1.69 miles

  • Zingo's

    1.70 miles

  • Newark Farmers Market

    3.09 miles

  • Asia Supermarket

    3.10 miles

  • Marshalls

    3.60 miles

  • Chefs’ Haven

    3.61 miles

  • Harvest Market Natural Foods

    3.72 miles

  • Food Lion

    3.84 miles

  • Kohl's

    3.87 miles

  • Wang's Oriental Food Store

    3.93 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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