CVS HealthHUB Pharmacy

Wayne, New Jersey

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Building

Stats

  • Property Type Retail - Street Retail
  • Building size (SF) 15,000
  • Price $7,500,000

Overview

None

Highlights

Rare 24 hour, CVS HealthHUB, Metro NYC location

– Investment grade tenant

– Long-term lease with 10.2% increase in 2028

– CVS has been at this location for 40 yrs. and is planning a major store renovation

– 3+/- acres of excess land available for development

– Exceptional exposure and access to the property through lighted intersection
– 90 parking spaces

– Strong vehicle per day traffic counts

– Recent long-term lease extension shows commitment to location

– Site also receives $10,500/ yr. from 2 billboard leases which expire in 1/2023

– Attractive population and household income demographics

Location Map

Team

Jonathan Hipp

Principal, Head of U.S. Net Lease
Avison Young
571 787 4725

Richard Murphy

Senior Vice President
Avison Young
571 449 8234

Stan Wyrwicz

Senior Vice President
Avison Young - US - MA - Boston
781-856-9270

Stan Wyrwicz

Senior Vice President
Avison Young - US - MA - Boston
781-856-9270

Downloads

2021_CVS_Wayne_NJ_OM.pdf

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