CVS Drug
For Sale
Contact for pricing
115 SOUTH PINEY ROAD, Chester, MD 21619
Absolute net lease structure assigns zero landlord responsibilities to the owner.
Property SizeContact for details
Days on Market144
Property Features for 115 SOUTH PINEY ROAD
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Traffic Count
66,400 vehicles/day
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 10:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This drug store is leased to CVS under an absolute net structure, with no landlord responsibilities. CVS is publicly traded on the New York Stock Exchange under the ticker CVS and carries a current BBB credit rating from Standard & Poor’s. The company reported annual revenues exceeding $184 billion in 2017.
The property is located at 115 South Piney Road at Route 50, along the corridor linking Kent Island with the Washington, D.C. and Baltimore MSAs. Reported traffic exceeds 66,400 vehicles per day. The site fronts Barnstable Town Center, an 85-acre proposed mixed-use development, and sits next to Red Apple Town Center, a 200,000-square-foot mixed-use project. Gibson’s Grant, a 290-unit waterfront community, is across Route 50. Nearby retailers include Safeway, Starbucks, Chick-fil-A, Big Lots, Dollar Tree, PNC Bank, McDonald’s, AT&T, and West Marine.
The property is located at 115 South Piney Road at Route 50, along the corridor linking Kent Island with the Washington, D.C. and Baltimore MSAs. Reported traffic exceeds 66,400 vehicles per day. The site fronts Barnstable Town Center, an 85-acre proposed mixed-use development, and sits next to Red Apple Town Center, a 200,000-square-foot mixed-use project. Gibson’s Grant, a 290-unit waterfront community, is across Route 50. Nearby retailers include Safeway, Starbucks, Chick-fil-A, Big Lots, Dollar Tree, PNC Bank, McDonald’s, AT&T, and West Marine.
Key Highlights
- Absolute net lease with zero landlord responsibilities
- CVS tenant is publicly traded on the New York Stock Exchange under ticker CVS
- Current BBB credit rating from Standard & Poor’s
Property Analytics
Property Profile
Current Use
Lease Details
66,400 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
220k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 21%
Groceries 15%
Superstores 10%
Chick-fil-A
Dining
44,614 visits/mo
0.3 miles
Safeway
Groceries
32,350 visits/mo
0.2 miles
Big Lots
Superstores
21,447 visits/mo
0.4 miles
Burger King
Dining
16,143 visits/mo
0.5 miles
Dollar Tree
Shops & Services
11,285 visits/mo
0.5 miles
Demographics for 21619, MD
6,598
Population
3,002
Households
2.2
Avg Household Size
48
Median Age
37%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
709
Density / Sq Mi
$100,359
Median Household Income
$55,450
Median Earnings
$1,845
Median Rent
$459,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute net lease structure assigns zero landlord responsibilities to the owner.
Where is this drug store located?
The property is located at 115 SOUTH PINEY ROAD Chester, MD.
What are key features of this property?
This property features: Absolute net lease with zero landlord responsibilities; CVS tenant is publicly traded on the New York Stock Exchange under ticker CVS; Current BBB credit rating from Standard & Poor’s
