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CVS | 18yrs Corp NNN | DriveThru 1950 W William Cannon Dr 13,225 SF Retail Building Austin, TX 78745 $13,251,408 CAD ($1,002.00 CAD/SF) 5.35% Cap Rate
INVESTMENT HIGHLIGHTS
- 18 Years Remaining | National/Credit Tenant | Drive-Thru Equipped | Options To Extend
- Signalized, Hard Corner Intersection | Highly Trafficked Corridor | Near National/Credit Tenants | Large Plyon Signs
- NNN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
• 18 years remaining with 6 (5-year) option periods to extend
• The lease features a 10% rental increase at the beginning of each option period, increasing the NOI and creating a hedge against inflation
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 897166 | Improvements Assessment | $7,094,773 CAD |
| Land Assessment | $1,757,747 CAD | Total Assessment | $8,852,520 CAD |
PROPERTY TAXES
Presented by
CVS | 18yrs Corp NNN | DriveThru | 1950 W William Cannon Dr
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