Map of Property

CVS Zero Cash Flow

604 Corner Ketch Rd, Newark, DE 19711

  • For Sale $8,028,759
  • Property Type Retail - Freestanding
  • Property Size 13,225 SF
  • Lot Size 3.3 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2019
  • Date Updated Jun 26, 2025
A CVS Zero Cash Flow asset with 19+ years remaining in the base term of an absolute net lease. Subject property is located in Newark – an extremely affluent Philadelphia suburb boasting average household incomes of $191,000 within a 1-mile radius.
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Highlights

  • 19+ years remaining on absolute net lease
  • 2019 build-to-suit construction at signalized hard corner
  • Corporate guaranty from CVS Health Corporation (see below)
  • Extremely affluent residential submarket – $191,000 average household incomes within a 1-mile radius of the subject property
  • Heavily trafficked intersection – 27,000+ VPD
  • Investment grade credit rating – S&P: BBB+
  • Zero cash flow lease structure (see Page 5)

Contacts

broker
John Andreini

CP Partners

Location

Getting Around

  • Walk Score ®

    7/100 Car-Dependent

  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Newark, DE
  • Neighborhood North Star
  • Zip Code 19711
  • Market Philadelphia

Points of Interest

  • Newark

    5.07 miles

  • Wilmington

    9.26 miles

  • Liberty

    1.48 miles

  • Shell

    1.94 miles

  • Wawa

    3.06 miles

  • Speedy Gas

    3.06 miles

  • BP

    3.07 miles

  • Riggins

    3.17 miles

  • Valero

    3.18 miles

  • Blink

    3.74 miles

  • JuiceBox

    4.19 miles

  • ChargePoint

    4.23 miles

  • Bryan's Field Trailhead Parking Lot

    0.90 miles

  • Whitely Farms Trailhead

    1.45 miles

  • David English Trailhead

    1.78 miles

  • Pidmont Baseball

    3.57 miles

  • Christiana Towers

    3.79 miles

  • Lot 8NE

    3.79 miles

  • Christiana Towers Meter Lot

    3.82 miles

  • Lot 8W

    3.83 miles

  • Lot 9-2

    3.86 miles

  • Lot 6

    3.86 miles

  • El Diablo Burritos, Pike Creek

    1.46 miles

  • Piree's Piri Piri Grill

    1.48 miles

  • Tyler's

    1.49 miles

  • Dunkin'

    1.62 miles

  • Mee Garden

    1.65 miles

  • Domino's

    1.66 miles

  • tierra mexi-cali grill

    1.72 miles

  • Sushi Xtreme

    1.72 miles

  • soybean asian grille

    1.74 miles

  • Anthony's Coal Fired Pizza

    1.75 miles

  • Acme

    1.69 miles

  • Zingo's

    1.70 miles

  • Newark Farmers Market

    3.09 miles

  • Asia Supermarket

    3.10 miles

  • Marshalls

    3.60 miles

  • Chefs’ Haven

    3.61 miles

  • Harvest Market Natural Foods

    3.72 miles

  • Food Lion

    3.84 miles

  • Kohl's

    3.87 miles

  • Wang's Oriental Food Store

    3.93 miles

Frequently Asked Questions

How much does CVS Zero Cash Flow cost?

The space currently listed for sale at CVS Zero Cash Flow asks for $8,028,759.

What is the total square footage of CVS Zero Cash Flow?

CVS Zero Cash Flow totals 13,225 square feet.

When was this property built?

CVS Zero Cash Flow was built in 2019.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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