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CVS HealthHUB Pharmacy - Availability Details

2440 Hamburg Turnpike, Wayne, NJ 07470

  • For Sale $7,500,000
  • Property Type Retail - Street Retail
  • Property Size 15,000 Sqft
  • Property Tenancy Single Tenant
  • Date Updated Nov 09, 2021

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Reach out to the broker for more info on lease terms and amenities

Location

  • City Wayne, NJ
  • Neighborhood Pines Lake
  • Zip Code 07470
  • Market New Jersey

Contacts

broker

Jonathan Hipp

Avison Young

(703) 787-4725

Highlights

  • Rare 24 hour, CVS HealthHUB, Metro NYC location
  • – Investment grade tenant
  • – Long-term lease with 10.2% increase in 2028
  • – CVS has been at this location for 40 yrs. and is planning a major store renovation
  • – 3+/- acres of excess land available for development
  • – Exceptional exposure and access to the property through lighted intersection
  • – 90 parking spaces
  • – Strong vehicle per day traffic counts
  • – Recent long-term lease extension shows commitment to location
  • – Site also receives $10,500/ yr. from 2 billboard leases which expire in 1/2023
  • – Attractive population and household income demographics

Contact Listing Broker

broker

Jonathan Hipp

Avison Young

(703) 787-4725

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