CVS Pharmacy – Sinking Spring

Property Type: | Property Status: Sold

CVS Pharmacy

Property Details

Price: $7,200,000

CAP Rate:

Square Feet:

Tenancy Type: National

Lease Type: Absolute NNN

Location Info

Address: 3100 Shillington Road

City: Sinking Spring

State: PA

Zip: 19608

Property Description

Short Description:
The Cooper Commercial Investment Group is pleased to announce the purchase/sale of CVS/pharmacy located in Sinking Spring, Pennsylvania. The corporately guaranteed, Absolute NNN lease has nearly 16 years of term remaining.

Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the 1031 buyer, a private investor out of the Midwest who Dan Cooper helped to place funds into a diverse portfolio of replacement assets. The seller, a private investment group out of Florida sold the asset for $7.2 million, representing a 5.65% CAP Rate. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.