Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer for sale the opportunity to acquire fee simple interest in a CVS (“The Property”) in the city Zieglerville, Pennsylvania. This Asset features an investment grade corporate guaranty from CVS Health (S&P: ‘BBB’) and is operating on a newly-extended NNN lease with 15 years remaining. The Property sits in a highly affluent neighborhood with an average household income greater than $100,000 annually. This location includes a walk-in medical clinic that offers treatment for common illnesses, chronic conditions, and telehealth visits. CVS is operating on a brand-new lease extension, a testament to the confidence CVS corporate has in the site.
- Corporate guaranty from CVS (S&P: BBB / Positive Outlook) - an IG, industry leader
- Brand new 15-year lease extension
- Absolute NNN lease structure with zero landlord responsibilities
- Features a HealthHUB, offering a wide range of healthcare services and expanded wellness products
- ~$100,000 average household income within a 5-mile radius
- Philadelphia, PA MSA