Freestanding CVS Drug
For Sale
Contact for pricing
33 East Market Street, 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 Market83
Property Features for 33 East Market Street
General Information
Standard status
Active
Size
11,945 SF
Class
A
Total Parking Spaces
59
Property subtype
Retail
Zoning
C - Commercial District
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$271,925
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
SRS Real Estate Partners McLean
(202) 286-1542
Listed By:
Andrew Fallon · License #VA 0225193951
Source:
Crexi
Added: Jun 8
Changed: Aug 26
Last Checked: Aug 28 at 2:00PM
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.
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
21k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Shell
Shops & Services
7,987 visits/mo
0.3 miles
Citgo
Shops & Services
7,235 visits/mo
0.1 miles
Truist
Shops & Services
3,622 visits/mo
0.2 miles
SUBWAY
Dining
1,523 visits/mo
0.1 miles
Fisher Auto Parts
Shops & Services
372 visits/mo
0.5 miles
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
Questions? Ask Rey
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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 East Market Street 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
