For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

3100 Shillington Rd Reading, PA 19608

For Sale
$4,960,000

High-performing CVS with 11+ years remaining on lease.

Property size:
13,225 SF
Lot size:
3.26 Acres

Property Features for 3100 Shillington Rd

General Information

Size
13,225 SF
Lot size
3.26 Acres

Source: Cooper Commercial Investment Group Agent Dan Cooper

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

CVS Pharmacy Investment Opportunity

This corporately backed, single-tenant property is leased to CVS/pharmacy (NYSE: CVS), an investment-grade, publicly-traded company. The property has over 11 years of lease term remaining with no early termination rights. The location is a high-performing CVS, ranked #1 in a 10-mile radius, in the top 8% within 30 miles, top 15% in Pennsylvania, and top 20% in the USA. The property operates on an absolute NNN lease structure with zero management responsibilities and includes ten 5-year option periods with multiple increases. Situated on an oversized 3.26-acre parcel, the property is adjacent to Sinking Spring Skilled Nursing and Rehabilitation, which has 214 beds, and is just 1 mile from the Residence at Village Greens Senior Living Facility with over 130 beds. The surrounding area features ideal demographics, with 150,000 people within a 5-mile radius in a growing residential community with strong employers and commuter traffic. Average household incomes are approximately $133,000 within a 3-mile radius. The property is strategically positioned approximately 60 miles outside of Downtown Philadelphia and 60 miles from Harrisburg, PA. CVS/pharmacy is the largest pharmacy in the US, with over 9,000 locations nationwide and revenues totaling $387 billion for the 12 months ending June 30, 2025. The property has a size of 13225 square feet.
Location Intelligence

Current Use by Public Records

CVS Photo Passport Photo Processor Santander Bank ATM Atm CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm CVS Drug Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

GIANT Pharmacy, Matthew Hornberger, Constance Nunan, Paul Nikolaus, CVS Pharmacy

Location Insight

  • Map
  • Local Demand
City
Reading
County
Berks
State
Pennsylvania
Longitude
-76.011474
Latitude
40.321667

FAQs

What type of property is this?
Drug store - High-performing CVS with 11+ years remaining on lease.
Where is this drug store located?
The property is located at 3100 Shillington Rd Reading, PA.
What is the asking price?
The asking price for this property is $4,960,000.
What are key features of this property?
This property features: - High-Performing CVS Location: Ranked #1 in a 10-mile radius and in the top 20% nationwide (Placer.AI).; - Attractive Investment: 7.25% CAP Rate on Absolute NNN Lease with Zero Management Responsibilities.; - Long-Term Lease: 11+ Years Remaining with No Early Termination Rights and (10) 5-Year Option Periods.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message