Drive-Through Pharmacy Retail
For Sale
Contact for pricing
5999 Summit Bridge Rd, Townsend, DE 19734
Signalized corner retail with an active drive-thru pharmacy and a double net lease structure with landlord roof and exterior responsibilities.
Property SizeContact for details
Days on Market124
Property Features for 5999 Summit Bridge Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 10:29AM
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
Investment Insights
Based on property information with market context.
This for-sale retail asset is a drive-through pharmacy located on a signalized corner. The property is leased under a double net structure, with landlord responsibilities for the roof and exterior structure.
The lease is described as having approximately ten years remaining in the primary term and four additional five-year options. The public remarks also state that rent increases occur every five years, with 4% rent increases during the initial term and a 12% increase during the options.
The subject property is positioned at the northeast corner of Summit Bridge Road and Pine Tree Road. Nearby competition mentioned in the remarks includes two Walgreens within five miles, one CVS within five miles, and one Rite Aid within five miles.
The lease is described as having approximately ten years remaining in the primary term and four additional five-year options. The public remarks also state that rent increases occur every five years, with 4% rent increases during the initial term and a 12% increase during the options.
The subject property is positioned at the northeast corner of Summit Bridge Road and Pine Tree Road. Nearby competition mentioned in the remarks includes two Walgreens within five miles, one CVS within five miles, and one Rite Aid within five miles.
Key Highlights
- Drive‑thru pharmacy on a signalized northeast corner of Summit Bridge Rd and Pine Tree Rd
- Double net lease with landlord responsibilities for roof and exterior structure
- Rental income guaranteed by Walgreens parent corporate (S&P BBB) Fortune 500 company
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,400 visits/mo
0.1 miles
Demographics for 19734, DE
14,116
Population
4,689
Households
3
Avg Household Size
39
Median Age
33%
College-Educated
95%
High-School Grad
79.9 sq mi
ZIP Area
177
Density / Sq Mi
$131,745
Median Household Income
$63,998
Median Earnings
$1,342
Median Rent
$426,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Thomas H. O'neill, RPH — 5999 Summit Bridge Rd, Townsend, DE 19734
- Franklin R. Crowe, RPH — 5999 Summit Bridge Rd, Townsend, DE 19734
- Walgreens Pharmacy — 5999 Summit Bridge Rd, Townsend, DE 19734
- John Price — 5999 Summit Bridge Rd, Townsend, DE 197349613
Frequently Asked Questions
What type of property is this?
Drug store - Signalized corner retail with an active drive-thru pharmacy and a double net lease structure with landlord roof and exterior responsibilities.
Where is this drug store located?
The property is located at 5999 Summit Bridge Rd Townsend, DE.
What are key features of this property?
This property features: Drive‑thru pharmacy on a signalized northeast corner of Summit Bridge Rd and Pine Tree Rd; Double net lease with landlord responsibilities for roof and exterior structure; Rental income guaranteed by Walgreens parent corporate (S&P BBB) Fortune 500 company
