Sperry Van Ness Imperial Realty is pleased to offer this CVS property located on Main Street in Scranton. Conveniently located with great exposure on a heavily traveled route (11,000 cars daily) with 85,458 people within a 3 mile radius. CVS has renewed their lease to be in effect until 2019 and also has an additional 2 year option. Great retail site for credit tenants!! Sales Info: ■ Cap rate: 10.83% ■ Commision split: 2.0% ■ NOI: $135,330 Location Description: Busy located on Main Street in densely populated area of Scranton, with a population of 85,458 within a 3 mile radius. There is a daily traffic count of 11,000 at this location. Great retail site in densely populated area. Highlights: ■ Busy location in densely populated area of Scranton ■ Traffic Count of 11,000 cars per day and 85,458 people in a 3 mile radius ■ NN Lease through 2019 with additional 2 year renewal option ■ Building in excellent condition with great visibility ■ Property and site can have many retail uses « show less
Sperry Van Ness Imperial Realty is pleased to offer this CVS property located on Main Street in Scranton. Conveniently located with great exposure... show more »
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