CVS Pharmacy

Equity Retail Brokers is pleased to present a CVS Pharmacy in Pennsburg, PA for sale to qualified investors. This offering provides an opportunity to acquire a property leased to CVS Pharmacy, a highly reputable, investment-grade tenant with a BBB S&P rating. The lease has over 6 years remaining and features absolute net terms, ensuring zero landlord responsibilities.

Situated in Pennsburg, PA—just 40 miles from Philadelphia and 23 miles from Allentown—the property benefits from convenient access to major highways. Positioned on Pottstown Avenue, which sees approximately 11,000 vehicles per day, the site is surrounded by a strong mix of national retailers, including Weis Markets, McDonald’s, and Burger King, enhancing its appeal.

Dominant Retail Pharmacy: CVS has a market capitalization of $80 billion—8X that of Walgreens—solidifying its position as the dominant brand in the pharmacy industry. As both an organization and a net lease tenant, CVS outperforms its competitors, offering unparalleled stability and credit strength.

Newly Extended Lease: CVS Pharmacy recently signed a brand-new 10-year Absolute NNN lease at this location, demonstrating their commitment. The lease includes zero landlord responsibilities and nine 5-year renewal options.

Limited Competition: This CVS is the only major retail drug store within a 7.5 mile radius, benefiting from limited competition in the surrounding area.

Corporate Guaranty: The lease is backed by CVS Health’s corporate entity, the only investment grade pharmacy (BBB rating from Standard and Poor’s).

Strong Demographics: CVS Pharmacy benefits from the strong demographics surrounding this location, with 32,990 people within 5-miles of the site and an average HHI of $127,394.