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CVS Drug Store

3893 William Penn Highway, Monroeville, PA 15146

For Sale
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The occupied site includes more than eight years remaining before a series of tenant renewal options.

Property SizeContact for details
Days on Market32

Property Features for 3893 William Penn Highway

General Information

Standard status Active
Property subtype Retail

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License CA #01918332
Source: Crexi
Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 4:34PM

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 Pharma Property Group

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Investment Insights

Based on property information with market context.

The CVS store at 3893 William Penn Highway in Monroeville has operated at this location since 2010. Its lease has more than eight years remaining before ten five-year renewal options begin, with rent increases of 5% at the start of each option period.

The property sits near the junction of I-376, I-76, and US-22. The store recorded 485,000 annual visits and ranks in the top 10% of CVS locations nationwide for foot traffic; within a 50-mile radius, it is the chain’s second most visited property.

Bechtel Plant Machinery signed a lease in May 2026 for 387,000 square feet at The Next Tier Connect complex, 2.5 miles east. The move is expected to bring 1,000 jobs to the area by mid-2029.

Key Highlights

  • CVS has operated at this location since 2010
  • More than 8 years remain before ten 5‑year renewal options
  • 5% rent increases at the start of each renewal option period

Property Analytics

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Open Analytics

Current Use

Carla Loughner Physician MinuteClinic at CVS Medical Clinic Kathleen Mcewen Physician Amber Schellinger Physician Michelle Guyaux Physician

Suggested Use

Top Pick Building Supply Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) 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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,654
Businesses Nearby
545k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Superstores 21% Groceries 20% Shops & Services 18%
Target Superstores
113,353 visits/mo 0.4 miles
Giant Eagle Supermarket Groceries
68,088 visits/mo 0.5 miles
McDonald's Dining
35,188 visits/mo 0.5 miles
Aldi Groceries
31,105 visits/mo 0.3 miles
PetSmart Shops & Services
21,364 visits/mo 0.5 miles

Demographics for 15146, PA

28,672
Population
13,508
Households
2.1
Avg Household Size
46
Median Age
46%
College-Educated
97%
High-School Grad
19.6 sq mi
ZIP Area
1,463
Density / Sq Mi
$78,295
Median Household Income
$48,073
Median Earnings
$1,163
Median Rent
$197,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Jill L. Bellicini, PharmD — 300 Oxford Dr, Monroeville, PA 15146
  • David C. Zavora, RPh — 105 Mall Plaza Blvd, Monroeville, PA 15146
  • Kristen N. Graney, PharmD — 105 mall plaza blvd, monroeville, pa 15146
  • Respironics Inc. — 191 Wyngate Dr, Monroeville, PA 15146
  • Giant Eagle Pharmacy — 4010 Monroeville Blvd, Monroeville, PA 15146

Frequently Asked Questions

What type of property is this?
Drug store - The occupied site includes more than eight years remaining before a series of tenant renewal options.
Where is this drug store located?
The property is located at 3893 William Penn Highway Monroeville, PA.
What is the asking price?
The asking price for this property is $5,372,850.
What are key features of this property?
This property features: CVS has operated at this location since 2010; More than 8 years remain before ten 5‑year renewal options; 5% rent increases at the start of each renewal option period
(619) 297-0055 · Office Call to check price and availability
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