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2501 Warren Rd
Indiana, PA 15701

$4,636,896 USD

Drugstore For Sale  •  11,945 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 11,945 SF
  • Lot Size 1.89 AC
  • Building Class C
  • Year Built 2009
  • Cap Rate 6.25 %
  • Tenancy Single
0 Transit Score
48 Walk Score

Highlights

Single Tenant Net Leased Retail Asset
CVS Pharmacy with Health HUB & Minute Clinic - Retail Medical Clinic Operated Inside CVS Pharmacy
Corporate Guarantee from CVS Health Corporation (NYSE: CVS)- $99.71 Billion Market Cap
Tenant Recently Pre-Exercised Their 1st 5-Year Option - 13 Years Contractual Lease Term Remaining
5% Scheduled Rent Increases In Option Periods - Low In-Place NOI of $289,806
Close Proximity to Indiana University of PA (9,082 Students) and Indiana Regional Medical Center (166 Beds, 12 ICU Beds, 23 Emergency Dept. Beds)

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 11,945 SF 11/30/2038

Amenities

  • Corner Lot
  • Security System
  • Signalized Intersection
  • Drive Thru
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Arnold Palmer Regional 50 min - 32.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Adam Friedlander 310-766-5205 Colliers
Adam Friedlander 310-766-5205 Colliers