Building Details

Tenancy Single

Listing Agency: SURMOUNT g***@nnnpro.com Show Phone

Listed By: Glen Kunofsky · License #NY 49KU1129178

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:09PM

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Investment Insights

Based on property information with market context.

This drug store property includes approximately 12,900 rentable square feet within an estimated 1.94-acre parcel. The building is occupied by CVS Pharmacy and is subject to an absolute triple-net lease, placing the asset within a long-term net-leased structure.

The 25-year lease began on January 31, 2009. The property combines an established drug store operation with a substantial land component and a defined lease term, providing a straightforward profile for commercial real estate investors evaluating single-tenant net-leased assets.

Key Highlights

• Approximately 12,900 rentable square feet of building space
• Estimated 1.94‑acre parcel
• CVS Pharmacy occupancy

Property Analytics

Current Use

Santander Bank ATM Atm CVS (Bike/Boat/Book/etc) Store CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy William Fine Pharmacy

Suggested Use

Top Pick Parking Lot & Garage Law Firm Cafe & Coffee Shop Hair Salon (Bike/Boat/Book/etc) Store Carpet & Flooring 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

448

Businesses Nearby

2k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Advance Auto Parts Shops & Services

1,291 visits/mo 0.1 miles

Pep Boys Auto Parts & Service Shops & Services

532 visits/mo 0.3 miles

Demographics for 19355, PA

29,273

Population

11,815

Households

2.5

Avg Household Size

41

Median Age

73%

College-Educated

97%

High-School Grad

38.3 sq mi

ZIP Area

764

Density / Sq Mi

$162,917

Median Household Income

$87,900

Median Earnings

$1,960

Median Rent

$662,200

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

Questions? Ask Rey

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What type of property is this? Where is this drug stores located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• H. Honeycup® — 380 Three Tun Rd Suite 2, Malvern, PA 19355
• CVS Pharmacy — 335 Lancaster Ave, Frazer, PA 19355
• William Fine — 335 Lancaster Ave, Malvern, PA 193551835
• CVS — 335 Lancaster Ave, Frazer, PA 19355

Frequently Asked Questions

What type of property is this?

Drug store - Long-term absolute triple-net lease commenced in 2009.

Where is this drug store located?

The property is located at 335 Lancaster Ave Frazer, PA.

What are key features of this property?

This property features: Approximately 12,900 rentable square feet of building space; Estimated 1.94‑acre parcel; CVS Pharmacy occupancy