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Drugstore For Sale • 13,013 SF
| The highly visible and accessible 1.61-acre property is positioned at the signaled hard corner of W. Street Road and Mearns Road (43,000+ VPD) |
| CVS has been operating at this site since 2011 (13yrs), has 12+ years remaining on the base 25-yr lease term and 10 five-year option periods |
| CVS’ lease structure offers the landlord a completely passive ownership experience with zero landlord responsibilities or potential for expenses |
| Warminster, PA and specifically the Street Road retail corridor have little to no vacancy or available parcels for relocation in the future |
| Bucks County is the third wealthiest county in Pennsylvania and part of the Philadelphia MSA |
| CVS Health is the corporate guarantor of this lease and is an investment grade credit tenant pharmacy (BBB rating from Standard & Poor's) |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Warminster (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) | 2 min | - | 0.9 mi |
| Hatboro (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) | 6 min | - | 2.7 mi |
| Airport | Drive | Walk | Distance |
| Trenton Mercer | 36 min | - | 20.4 mi |
| Philadelphia International | 58 min | - | 37.3 mi |
| Lehigh Valley International | 72 min | - | 42.0 mi |
