Single-Tenant CVS Pharmacy
For Sale
Contact for pricing
317 W Lancaster Ave, Ardmore, PA 19003
Built in 1998, this single-tenant CVS is offered with a net lease and more than 11 years remaining on the primary term.
Property Size11,808 SF
Lot Size0.91 Acres
Days on Market142
Property Features for 317 W Lancaster Ave
General Information
Standard status
Active
Size
11,808 SF
Lot size
0.91 Acres
Property subtype
Retail
Site & Location
Traffic Count
19,623 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1998
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 1:10AM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
This built-in-1998, single-tenant CVS property offers an 11,808-square-foot retail building on 0.91 acres and is operated under a net lease structure. The lease features approximately 21.3 years remaining in the primary term, with scheduled rent increases in November 2027 and April 2033 and 2038. CVS executed an early 10-year extension in 2017, reflecting a demonstrated commitment to the location.
The property is located on Lancaster Avenue in Ardmore, Pennsylvania, positioned for access and visibility along this corridor. It is immediately adjacent to Sunoco and PDV Wireless and is across the street from Haverford College, Infiniti, and Berkshire Hathaway HomeServices. The site is also described as being less than a half-mile from Suburban Square shopping center.
As presented, the asset is aligned with an established retail corridor and benefits from nearby retail and commercial demand drivers identified in the area description.
The property is located on Lancaster Avenue in Ardmore, Pennsylvania, positioned for access and visibility along this corridor. It is immediately adjacent to Sunoco and PDV Wireless and is across the street from Haverford College, Infiniti, and Berkshire Hathaway HomeServices. The site is also described as being less than a half-mile from Suburban Square shopping center.
As presented, the asset is aligned with an established retail corridor and benefits from nearby retail and commercial demand drivers identified in the area description.
Key Highlights
- 11,808 SF single‑tenant CVS built in 1998 on 0.91 acres in Ardmore, PA
- Net lease with 11,808 SF; 21.3 years remaining on the primary term
- Rent increases scheduled for November 2027 and April 2033 and 2038
Property Analytics
Current Use
Lease Details
19,623 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,719
Businesses Nearby
328k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Shops & Services 23%
Superstores 18%
Dining 12%
Target
Superstores
60,049 visits/mo
0.2 miles
Whole Foods Market
Groceries
59,557 visits/mo
0.3 miles
Trader Joe's
Groceries
53,953 visits/mo
0.4 miles
Five Below
Shops & Services
28,731 visits/mo
0.2 miles
Sunoco
Shops & Services
14,067 visits/mo
0.1 miles
Demographics for 19003, PA
13,984
Population
6,346
Households
2.2
Avg Household Size
38
Median Age
70%
College-Educated
98%
High-School Grad
2.0 sq mi
ZIP Area
6,992
Density / Sq Mi
$116,142
Median Household Income
$66,881
Median Earnings
$1,602
Median Rent
$441,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- CVS Pharmacy — 339 E Lancaster Ave, Wynnewood, PA 19096
- Loan Phan — 339 E Lancaster Ave, Wynnewood, PA 190961920
- Thabet Gabriel — 339 E Lancaster Ave, Wynnewood, PA 190961920
- CVS — 339 E Lancaster Ave, Wynnewood, PA 19096
- GIANT Pharmacy — 50 E Wynnewood Rd Suite #2, Wynnewood, PA 19096
Frequently Asked Questions
What type of property is this?
Drug store - Built in 1998, this single-tenant CVS is offered with a net lease and more than 11 years remaining on the primary term.
Where is this drug store located?
The property is located at 317 W Lancaster Ave Ardmore, PA.
What are key features of this property?
This property features: 11,808 SF single‑tenant CVS built in 1998 on 0.91 acres in Ardmore, PA; Net lease with 11,808 SF; 21.3 years remaining on the primary term; Rent increases scheduled for November 2027 and April 2033 and 2038
