2110 Spg Vly Rd Lancaster, PA 17601-2427

This exceptional investment opportunity presents a 13,225 square foot CVS Pharmacy located at 2110 Spring Valley Road, Lancaster, PA 17601. The property boasts a strong 8.75% cap rate and a substantial net operating income (NOI) of $182,167. Built in 2009, this single-tenant, absolute NNN leased property offers a remaining lease term of approximately 11 years, with multiple options to extend, providing long-term stability and predictable cash flow. The lease commenced September 13, 2010, and expires October 31, 2035. The property sits on a 0.35-acre lot and is zoned GC (General Commercial). The asking price is $2,082,000, translating to a price per square foot of $157.43. This drive-thru equipped location benefits from a highly visible, signalized corner intersection within a dense medical office building corridor, adjacent to a grocery outlet center, and close to Park City Center. The property features a 100% occupancy rate and offers zero landlord responsibilities, making it an ideal, low-maintenance investment. Lease extension options include one (4-year, 3-month) and four (5-year) options, further solidifying the long-term value of this asset. The property's APN is 290-01920-0-0000. This investment is well-suited for out-of-state investors seeking a passive income stream with minimal management requirements.