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1231 W Main St 11,945 SF Retail Building Gun Barrel City, TX 75156 $5,588,488 CAD ($467.85 CAD/SF) 6% Cap Rate
Executive Summary
Absolute NNN, Prime CVS Investment Opportunity near Cedar Creek Lake, a premium lake near Dallas Fort Worth with strong demographic growth. Assumable debt in-place.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
B
Year Built
2008
Price
$5,588,488 CAD
Price Per SF
$467.85 CAD
Cap Rate
6%
NOI
$335,309 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.46 AC
Zoning
F1
Parking
50 Spaces (4.19 Spaces per 1,000 SF Leased)
Frontage
160’ on Main St
Amenities
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Jan 2034
CVS Pharmacy began in 1963 in Lowell, Massachusetts, as a health and beauty product retailer. The company expanded into pharmacy services in 1967 and grew through acquisitions to become a national healthcare provider. Today, CVS operates numerous retail pharmacy locations and walk-in clinics across the United States. The company also offers pharmacy benefit management services and health insurance products through various subsidiaries. CVS has established a significant presence in the healthcare sector by integrating retail, clinical, and insurance services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | Triple Net | Jan 2034 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0483-0090-0A20-53 | Improvements Assessment | $1,230,348 CAD |
| Land Assessment | $777,248 CAD | Total Assessment | $2,007,596 CAD |
Property Taxes
Parcel Number
0483-0090-0A20-53
Land Assessment
$777,248 CAD
Improvements Assessment
$1,230,348 CAD
Total Assessment
$2,007,596 CAD
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1231 W Main St
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