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604 Corner Ketch Rd
Newark, DE 19711

$7,824,753 USD

Drugstore For Sale  •  13,225 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,225 SF
  • Lot Size 3.3 AC
  • Building Class C
  • Year Built 2019
  • Tenancy Single
  • Zoning CR, Mill Creek 100
0 Transit Score
8 Walk Score

Highlights

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

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Newark (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 11 min - 5.8 mi
Churchmans Crossing (R2 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 15 min - 8.1 mi
AirportDriveWalkDistance
Philadelphia International 50 min - 34.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE