604 Corner Ketch Rd Retail
  • Gross Leasable Area
    13,225 SFGross Leasable Area
  • Built
    2019Built
  • Acres
    ~3.30 acAcres
  • City
    NewarkCity

Description

CVS Zero Cash Flow at 604 Corner Ketch Rd in Newark, Delaware is offered for sale at $7,402,722. The property comprises approximately 13,225 square feet on 3.30 acres and was built in 2019 at a signalized corner.

This is a zero-cash-flow offering with a debt structure that should be reviewed carefully. The source describes an absolute net lease with more than 19 years remaining and a CVS Health corporate guaranty. Buyers should independently verify remaining lease term, debt obligations, cash-flow structure, guaranty and all financial information.

Listed by John Andreini of CP Partners.

Offering Summary

  • Asking Price
    $7,402,722
  • Property Type
    Retail
  • Size
    13,225 SF
  • Built
    2019
  • Total Acres
    ~3.30 ac

Documents

Property Address

604 Corner Ketch Rd
Newark, DE 19711

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    13,225 SF
  • Year Built
    2019
  • Acres
    3.30

Deal Team

John Andreini profile image

John Andreini

Partner, Executive Committee
CP Partners