700 Main St | Clarion, PA 16214
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700 Main St
Clarion, PA 16214
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newly built
- Highly-leveraged zero cash flow investment
- New NNN 25-year lease with 10 five-year extensions
- Perfect 1031 exchange asset
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.99 AC
Zoning
Commercial
ABOUT 700 MAIN ST , CLARION, PA 16214
Rare opportunity to acquire a newly-built CVS Pharmacy. 3.901% loan that fully amortizes prior to the expiration of the lease and contains pay-down/re-advance feature, allowing an investor to meet a larger exchange requirement and purchase the asset for limited equity.
PROPERTY TAXES
| Parcel Number | 005-000410 | Improvements Assessment | $315,677 |
| Land Assessment | $120,000 | Total Assessment | $435,677 |
PROPERTY TAXES
Parcel Number
005-000410
Land Assessment
$120,000
Improvements Assessment
$315,677
Total Assessment
$435,677
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