212 Pottsville Street Cressona, PA 17929

Listing agency The Kase Group k***@thekasegroup.com Show Phone

Listed by Kase Abusharkh · License #TX 708586

Source Crexi

Added: Apr 11 Updated: Jul 22 at 6:59AM Checked: Jul 22 at 6:59AM

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Investment Insights

Based on property information with market context.

This absolute net leased CVS/Pharmacy offering features a structure with zero landlord obligations. The tenant has 17 years remaining on the initial lease term, which includes a 3-year rent holiday. To help offset the lost rents associated with that period, the seller will establish a sinking fund at closing. CVS/Pharmacy also has ten, 5-year options to renew.

The property is located at 212 Pottsville Street in Cressona, Pennsylvania. The site is described as benefiting from heavy traffic counts and its position nearby national retailers.

The lease provides for long-term tenure through the remaining initial term and subsequent renewal options, with the net lease structure placing ongoing obligations on the tenant per the stated zero landlord obligation terms.

Key Highlights

• Absolute net leased CVS/Pharmacy in Pottsville, Pennsylvania with zero landlord obligations
• Lease includes 17 years remaining on the initial term, with a 3‑year rent holiday
• Seller will establish a sinking fund at closing to offset lost rents during the 3‑year rent holiday

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Similar Off Market Nearby

• Stine's Pharmacy — 1 E Main St, Schuylkill Haven, PA 17972
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• CVS Pharmacy — 212 Pottsville St, Pottsville, PA 17901
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FAQs

What type of property is this?

Drug store - Absolute net leased CVS/Pharmacy with 17 years remaining and renewal options, positioned near national retailers.

Where is this drug store located?

The property is located at 212 Pottsville Street Cressona, PA.

What are key features of this property?

This property features: Absolute net leased CVS/Pharmacy in Pottsville, Pennsylvania with zero landlord obligations; Lease includes 17 years remaining on the initial term, with a 3‑year rent holiday; Seller will establish a sinking fund at closing to offset lost rents during the 3‑year rent holiday