445 W Street Rd | Warminster, PA 18974
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- LoopNet Team
445 W Street Rd
Warminster, PA 18974
CVS Pharmacy | Warminster PA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The highly visible and accessible 1.61-acre property is positioned at the signaled hard corner of W. Street Road and Mearns Road (43,000+ VPD)
- CVS’ lease structure offers the landlord a completely passive ownership experience with zero landlord responsibilities or potential for expenses
- Bucks County is the third wealthiest county in Pennsylvania and part of the Philadelphia MSA
- CVS has been operating at this site since 2011 (13yrs), has 12+ years remaining on the base 25-yr lease term and 10 five-year option periods
- Warminster, PA and specifically the Street Road retail corridor have little to no vacancy or available parcels for relocation in the future
- CVS Health is the corporate guarantor of this lease and is an investment grade credit tenant pharmacy (BBB rating from Standard & Poor's)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
13,013 sq ft
Year Built
2010
Tenancy
Single
Number of Floors
1
Plot ratio
0.17
Total Plot Size
1.76 ac
Use Class
HC
Frontage
230 ft on STREET RD
PROPERTY TAXES
| Parcel Number | 49-020-001 | Improvements Assessment | £129,716 |
| Land Assessment | £58,634 | Total Assessment | £188,350 |
PROPERTY TAXES
Parcel Number
49-020-001
Land Assessment
£58,634
Improvements Assessment
£129,716
Total Assessment
£188,350
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