Wednesday, November 20, 2013

Mount Pocono CVS Changes Hands

SCP Capital, Inc. has sold the CVS at 3016 Rte. 940 in Mount Pocono, PA to a private investor for $5.1 million, or about $386 per square foot. 

The 13,225-square foot retail building was built in 2011 on 3.1 acres. CVS will occupy the property through 2036 on a triple-net lease. The property is surrounded by resorts in the Monroe County submarket.

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