Absolute Net CVS
For Sale
Contact for pricing
1650 Menoher Blvd, Johnstown, PA 15905
True absolute net lease with zero landlord responsibilities for this well-located CVS at a major intersection.
Property SizeContact for details
Days on Market121
Property Features for 1650 Menoher Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Deerfield Partners
Listed By:
Art Griffith · License #CA 01400709
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 5:40PM
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 Deerfield Partners
Investment Insights
Based on property information with market context.
This well-located CVS drugstore is offered on a true absolute net lease basis, with zero landlord responsibilities. The transaction includes a preferred five-year option structure and a full CVS guaranty.
The property is situated at the intersection of Menoher Blvd and Goucher St, described as main arterial roads for Johnstown. The immediate area includes a mix of national retailers such as Dollar General, Ace Hardware, McDonald’s, Dairy Queen, Subway, Dunkin’, and Dollar Tree, among others.
The offering is presented as suitable for a 1031 exchange buyer, supported by the stated lease structure and CVS guaranty.
The property is situated at the intersection of Menoher Blvd and Goucher St, described as main arterial roads for Johnstown. The immediate area includes a mix of national retailers such as Dollar General, Ace Hardware, McDonald’s, Dairy Queen, Subway, Dunkin’, and Dollar Tree, among others.
The offering is presented as suitable for a 1031 exchange buyer, supported by the stated lease structure and CVS guaranty.
Key Highlights
- Well‑located CVS drugstore at the intersection of Menoher Blvd and Goucher St.
- Absolute net lease with zero landlord responsibilities.
- Lease includes a preferred five‑year option structure.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15905, PA
19,654
Population
9,907
Households
2
Avg Household Size
50
Median Age
35%
College-Educated
96%
High-School Grad
41.5 sq mi
ZIP Area
474
Density / Sq Mi
$70,620
Median Household Income
$45,285
Median Earnings
$893
Median Rent
$118,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- CVS Pharmacy — 1650 Menoher Blvd, Johnstown, PA 15905
- CVS — 1650 Menoher Blvd, Johnstown, PA 15905
- David S. Claycomb, RPH — 942 Carnegie Ave, Johnstown, PA 15905
- Westmont Rexall Drug Store — 1741 Goucher St, Johnstown, PA 15905
- Neely Polo — 1650 Menoher Blvd, Johnstown, PA 159052058
Frequently Asked Questions
What type of property is this?
Drug store - True absolute net lease with zero landlord responsibilities for this well-located CVS at a major intersection.
Where is this drug store located?
The property is located at 1650 Menoher Blvd Johnstown, PA.
What are key features of this property?
This property features: Well‑located CVS drugstore at the intersection of Menoher Blvd and Goucher St.; Absolute net lease with zero landlord responsibilities.; Lease includes a preferred five‑year option structure.
