2801 Egypt Rd

2801 Egypt Rd, Audubon, PA 19403

Property Information

  • For Sale $7,177,000
  • Property Type Retail
  • Property Size 11,970 SF
  • Lot Size 1.77 Acre
  • Cap Rate % 7
  • Date Updated Jul 31, 2025

Description

• High Income Suburb of Philadelphia, PA: The 3-Mile population has an average household income of $135,036 per year• Dense Population: Over ±45,000 residents live within 3 miles of the property

• Oversized ±1.77 Acre Parcel

LEASE & PROPERTY DETAILS

• Property can either be acquired free and clear or with an assumable loan. The loan is interest only and matures in 2029 with a cash on cash return of 9.39%

• Long Term Lease: ±14 years of remaining lease term

• Hedge Against Inflation: Rental increases included in the option periods

• Absolute NNN Lease, Zero Landlord Responsibilities

• In 2018, CVS signed a 20-yr lease extension, showing a strong commitment to the site

• At the list price, a new owner will receive over 90% of the purchase price in guaranteed income from CVS

CVS OVERVIEW

• Investment Grade Credit Rating: BBB per S&P and Baa2 per Moody’s

• CVS Health’s Market Cap is $70 Billion

• CVS has over 9,000 stores in the United States

• Corporately Guaranteed

Contacts

Connor Knauer

Matthews Real Estate Investment Services

Daniel Gonzalez

Matthews Real Estate Investment Services

Location

Located at 2801 Egypt Rd, Audubon, PA 19403, this property is part of the Audubon neighborhood and Philadelphia market.

Contact 2801 Egypt Rd
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