50 Bridge St, Tunkhannock, PA
NNN leased CVS with long-term lease and zero landlord responsibilities.
- Added:
- Jan 28, 2025
- Days on Market:
- 503
- Last Refresh:
- May 19 at 11:04 pm
Property Features for 50 Bridge St
General Information
- Standard status
- Active
- Size
- 13,225 SF
- Lot size
- 2.61 Acres
- Property subtype
- RETAIL
Listing agent Matt Sturcken
Listing office Sandor/Sand Capital | Arizona (480) 949-9011
Listing date Jan 28, 2025
Source Moodyscre
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 Sandor/Sand Capital | Arizona
HighLights
- Long‑Term Lease: Enjoy stable, long‑term income with a ±17‑year lease, plus 10 five‑year extensions.
- Strong Credit Tenant: Benefit from reliable rent payments from CVS, an investment‑grade tenant (S&P: BBB; NYSE: CVS).
- Zero Cash Flow Financing: Assumable self‑amortizing financing with a below‑market fixed 4.163% interest rate.
- Triple‑Net (NNN) Lease: Zero landlord responsibilities; the tenant handles all maintenance and repair, including roof and structure.
- Debt Structure: Requires limited equity investment and can generate passive losses to offset taxable income.
- Paydown/Readvance: Structure allows for low equity contributions with high long‑term return on initial investment and allows withdrawal of money over and above percentage over the debt.
Overview
Current Use by Public Records
Similar Places Nearby
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- CVS Pharmacy — 50 Bridge St, Tunkhannock, PA 18657
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- Elizabeth Shook — 600 Hunter Hwy, Tunkhannock, PA 18657
- James Feehan — 600 Hunter Hwy, Tunkhannock, PA 186577984
Location Insight
- Map
- Local Demand
- City
- Tunkhannock
- County
- Wyoming
- State
- Pennsylvania
- Longitude
- -75.9458
- Latitude
- 41.5399