INVESTMENT OFFERING

SAB Capital is pleased to present CVS in Jersey Shore, PA, a borough in Central Pennsylvania. The tenant is subject to a double-net (NN) lease with minimal landlord responsibilities and approximately 13 years remaining in the base term of the lease. CVS is the most prominent pharmacy chain in the country.,  accounting for 24.5% of the U.S. Prescription Drug Market in 2021. The property is located at a signalized corner intersection. 

• CVS in Jersey Shore, PA | Central Pennsylvania location
• Minimal landlord responsibilities | Absolute double net (NN) lease structure
• Impressive rent-to-sales ratio | CVS boasts 2.5% ratio based on 2021 sales at this site
• Tenant committed to early extension | CVS signed a new 15-year lease in 2020
• High credit guarantee | CVS is the 4th ranked company in the Fortune 500
• Signalized corner location | Allegheny Street & Bridge Street intersection sees over 8,000 vehicles per day
• Proven long term location | CVS has operated here since 2004
• Largest pharmacy chain in the U.S. by market share | CVS Health accounted for 24.5% of the U.S. prescription drug market in 2021
• National retailers located nearby | Weis Market, Domino’s Pizza, Verizon, and many more