212 Pottsville St Pottsville, PA 17901
- Retail properties
- 13,277 SF
- 2.96 lot acres
Current Use by Public Records
- Retail properties
Property Details for 212 Pottsville St
- Year built
- 2010
- Lot size
- 2.96 lot acres
- Property size
- 13,277 SF
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
This exceptional investment opportunity presents a 13,277 square-foot CVS Pharmacy in Pottsville, PA, under an absolute NNN lease with a credit-rated tenant (S&P: BBB). The lease, guaranteeing a strong return, extends to January 31, 2036, offering over 11 years of remaining term with ten 5-year renewal options. The property boasts a 6.65% cap rate and a substantial net operating income (NOI) of $377,239. Built in 2010, this single-tenant property sits on a 2.962-acre lot and enjoys 100% occupancy. Its prime location just off State Highway 61 (21,344 VPD) ensures high visibility and accessibility. The property benefits from its proximity to Cressona Mall, home to major retailers like Giant, Staples, and Goodwill, and is surrounded by other national brands and industrial tenants, creating a robust commercial environment. The location also enjoys proximity to Penn State Schuylkill, one of the 19 Pennsylvania Commonwealth campuses. A strong demographic profile supports the investment, with 39,991 people residing within a five-mile radius, boasting an average household income of $82,979. The property includes a drive-thru for added convenience. This is a rare opportunity to acquire a stable, high-performing investment with a blue-chip tenant and significant long-term potential. The asking price is $5,672,782, representing a price per square foot of $427.26.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pottsville
- County
- Schuylkill
- State
- Pennsylvania
- Longitude
- -76.2016
- Latitude
- 40.6702
