50 Bridge St | Tunkhannock, PA 18657
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
50 Bridge St
Tunkhannock, PA 18657
CVS Pharmacy · Retail Property For Sale
Executive Summary
• Triple-Net (NNN): Absolutely zero landlord responsibilities. Tenant responsible for all maintenance and repair, including roof and structure.
• Strong Credit Tenant: CVS has investment-grade credit and strong financials. (CVS Health) S&P: BBB; NYSE: CVS
• Long-Term Lease: ±17-year lease with 10 five-year extensions
• Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 4.163% interest rate.
• Debt Structure: Requires limited equity investment and can generate passive losses that work to offset taxable income from other investments.
• 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.
• Strong Credit Tenant: CVS has investment-grade credit and strong financials. (CVS Health) S&P: BBB; NYSE: CVS
• Long-Term Lease: ±17-year lease with 10 five-year extensions
• Zero Cash Flow Financing: Assumable self-amortizing financing with below-market fixed 4.163% interest rate.
• Debt Structure: Requires limited equity investment and can generate passive losses that work to offset taxable income from other investments.
• 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
C
Year Built
2014
Price
$5,735,819 CAD
Price Per SF
$434 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.63 AC
Zoning
comm
Parking
54 Spaces (5.82 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 22-059.1-401-00-00-00-1 | Improvements Assessment | $412,113 CAD |
| Land Assessment | $45,117 CAD | Total Assessment | $457,230 CAD |
PROPERTY TAXES
Parcel Number
22-059.1-401-00-00-00-1
Land Assessment
$45,117 CAD
Improvements Assessment
$412,113 CAD
Total Assessment
$457,230 CAD
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
