Net-Leased CVS Pharmacy
For Sale
Contact for pricing
Pending
1407 Buffalo Rd, Erie, PA 16503
Absolute NNN lease remains 1.4 years on a dark CVS investment in Erie, PA.
Property SizeContact for details
Days on Market117
Property Features for 1407 Buffalo Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
CrownPoint Partners
Listed By:
Shannon Bona · License #BK3629909
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Aug 5 at 9:51AM
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 CrownPoint Partners
Investment Insights
Based on property information with market context.
Graystone Capital Advisors is pleased to offer a net-leased, dark CVS investment property in Erie, PA. The asset is covered by an absolute NNN lease with 1.4 years remaining. The lease carries a base rent of $167,000.
This property is positioned within a retail corridor that includes major national tenants such as Walmart, AutoZone, O’Reilly Auto Parts, Save A Lot, Barton’s Home Outlet, and Citi Trends. The surrounding area is densely residential, with 55,000 homes and 136,700 people within a 5-mile radius. Both Gannon University and Mercyhurst University are within 3 miles, with 2,786 and 2,369 undergraduate students, respectively.
This property is positioned within a retail corridor that includes major national tenants such as Walmart, AutoZone, O’Reilly Auto Parts, Save A Lot, Barton’s Home Outlet, and Citi Trends. The surrounding area is densely residential, with 55,000 homes and 136,700 people within a 5-mile radius. Both Gannon University and Mercyhurst University are within 3 miles, with 2,786 and 2,369 undergraduate students, respectively.
Key Highlights
- Net‑leased dark CVS investment property in Erie, PA
- Remaining term: 1.4 years under an Absolute NNN lease
- Base rent of $167,000 under the Absolute NNN lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
125k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 56%
Dining 26%
Shops & Services 8%
Groceries 5%
Walmart
Superstores
70,671 visits/mo
0.5 miles
McDonald's
Dining
22,095 visits/mo
0.4 miles
Burger King
Dining
10,219 visits/mo
0.4 miles
Save-A-Lot
Groceries
4,924 visits/mo
0.2 miles
Family Dollar
Shops & Services
3,873 visits/mo
0.3 miles
Demographics for 16503, PA
15,328
Population
6,375
Households
2.4
Avg Household Size
33
Median Age
12%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
6,387
Density / Sq Mi
$29,108
Median Household Income
$25,679
Median Earnings
$837
Median Rent
$55,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Walmart Pharmacy — 2711 Elm St, Erie, PA 16504
- Ashley J. Pence, PharmD — Erie, PA 16504
- Brian E. Esper, PharmD — Erie, PA 16504
- Jennifer S. Morell, PharmD — Erie, PA 16504
- Heidi Frynkewicz — 1407 Buffalo Rd, Erie, PA 165032417
Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN lease remains 1.4 years on a dark CVS investment in Erie, PA.
Where is this drug store located?
The property is located at 1407 Buffalo Rd Erie, PA.
What are key features of this property?
This property features: Net‑leased dark CVS investment property in Erie, PA; Remaining term: 1.4 years under an Absolute NNN lease; Base rent of $167,000 under the Absolute NNN lease
