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Freestanding CVS Drug Store
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33 E Market St, Lewistown, PA 17044

An absolute NNN lease supports a hands-off ownership structure with no landlord responsibilities.

Property Size11,945 SF
Price / SF$358.48
Days on Market6

Property Features for 33 E Market St

General Information

Standard status Active
Size 11,945 SF
Property subtype RETAIL

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners | McLean
Listed By: Andrew Fallon · License #0225193951
Source: Moodyscre
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 10 at 10:20AM

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 SRS Real Estate Partners | McLean

Investment Insights

Based on property information with market context.

This freestanding CVS Pharmacy at 33 E Market St comprises 11,945 square feet and is offered as a fee simple acquisition encompassing both the land and building. The property is leased under an absolute NNN structure, with approximately 18 years remaining on the current term and 10 additional five-year extension options.

The lease assigns zero landlord responsibilities, simplifying ownership oversight. An assumable Credit Tenant Lease (CTL) zero cash flow financing arrangement is also associated with the asset and includes a paydown/readvance feature. The property is located in Lewistown, Pennsylvania, and combines an established pharmacy occupant with long-term lease continuity.

Key Highlights

  • 11,945‑square‑foot freestanding CVS Pharmacy
  • Fee simple ownership includes the land and building
  • Absolute NNN lease with zero landlord responsibilities

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Auto Parts Store HVAC Service Real Estate Agency Storage Facility Furniture & Home Goods Grocery & Convenience 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.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby
Well-served
Demand for This Use

Demographics for 17044, PA

20,681
Population
10,167
Households
2
Avg Household Size
46
Median Age
14%
College-Educated
84%
High-School Grad
95.4 sq mi
ZIP Area
217
Density / Sq Mi
$58,253
Median Household Income
$38,341
Median Earnings
$791
Median Rent
$126,000
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?
Drug store - An absolute NNN lease supports a hands-off ownership structure with no landlord responsibilities.
Where is this drug store located?
The property is located at 33 E Market St Lewistown, PA.
What is the asking price?
The asking price for this property is $4,282,000.
What are key features of this property?
This property features: 11,945‑square‑foot freestanding CVS Pharmacy; Fee simple ownership includes the land and building; Absolute NNN lease with zero landlord responsibilities
(202) 286-1542 Call to check price and availability
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