317 W Lancaster Ave Ardmore, PA 19003

Listing agency CBRE - Atlanta b***@cbre.com Show Phone

Listed by Chris Bosworth · License #GA 248342

Source Crexi

Added: Apr 12 Updated: Jul 22 at 1:10AM Checked: Jul 22 at 1:10AM

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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.

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

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FAQs

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