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Standalone CVS Pharmacy NNN
For Sale
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19 South Main Street, Jamestown, NY 14701

Standalone CVS pharmacy is fully leased and guaranteed, structured as an absolute NNN with approximately 13 years remaining.

Property SizeContact for details
Days on Market124

Property Features for 19 South Main Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: Northmarq - Nashville
Listed By: Max Van Dresser · License #GA #374859
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:39PM

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 Northmarq - Nashville

Investment Insights

Based on property information with market context.

This offering features a standalone CVS Pharmacy building that is fully leased to and guaranteed by CVS Pharmacy. The lease is structured as an absolute NNN arrangement, with zero landlord responsibilities. The property is described as a zero cash flow investment with approximately 13 years remaining in the primary term. The sale includes assumable debt only, and the annual debt service is stated to match the lease payments, with the mortgage running co-terminous with the lease.

The property is located on the signalized corner of Main Street and Harrison Street in Jamestown, New York.

The lease is characterized as absolute NNN and is fully supported by the tenant guarantee, creating a long remaining primary term that aligns with the co-terminous mortgage structure.

Key Highlights

  • Standalone CVS Pharmacy fully leased to and guaranteed by CVS Pharmacy
  • Absolute NNN lease structure with zero landlord responsibilities
  • Approximately 13 years remaining in the primary lease term

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Building Supply Plumbing Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,782
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Dining 31% Shops & Services 24% Hotels & Casinos 10%
Big Lots Superstores
21,818 visits/mo 0.1 miles
Tim Hortons Dining
19,608 visits/mo 0.0 miles
7-Eleven Shops & Services
8,015 visits/mo 0.4 miles
KeyBank Shops & Services
4,636 visits/mo 0.4 miles
DoubleTree by Hilton Jamestown Hotels & Casinos
3,578 visits/mo 0.4 miles

Demographics for 14701, NY

38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Standalone CVS pharmacy is fully leased and guaranteed, structured as an absolute NNN with approximately 13 years remaining.
Where is this nnn property located?
The property is located at 19 South Main Street Jamestown, NY.
What are key features of this property?
This property features: Standalone CVS Pharmacy fully leased to and guaranteed by CVS Pharmacy; Absolute NNN lease structure with zero landlord responsibilities; Approximately 13 years remaining in the primary lease term
More about this property
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