Available

CVS – 15+ Year NNN – NO RENT HOLIDAY

1650 Menoher Blvd, Johnstown, PA 15905

$3950000 /$100,000

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Available

CVS – 15+ Year NNN – NO RENT HOLIDAY

1650 Menoher Blvd, Johnstown, PA 15905

$3950000 /$100,000

5.75% Beds
15.8
$227,079 NNN
  • 15+ Years of guaranteed rent
  • NO RENT HOLIDAY
  • Absolute Net Lease – zero landlord responsibilities
  • Low rent and low price point
  • $100k in Average Household Incomes
  • 65 miles from downtown Pittsburgh
  • Full CVS corporate guarantee

This is a well located CVS drugstore, at the intersection of Menoher Blvd and Goucher St. These two roads are a main arterial for Johnstown, with national retailers: Dollar General, Ace Hardware, McDonalds, Dairy Queen, Subway, Dunkin’, Dollar Tree… and more. This is a true absolute net lease, with ZERO Landlord responsibilities. Proximity to Pittsburgh (a 65 mile drive) and the preferred five-year option structure, coupled with a full CVS Guaranty make this an ideal candidate for a savvy 1031 Buyer.

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