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CVS (Zero Cash Flow) 25151 Fulshear Gaston Rd 10,200 SF Retail Building Richmond, TX 77406 $5,624,801 CAD ($551.45 CAD/SF) 7.03% Cap Rate
Investment Highlights
- Positioned within the Houston MSA – Ranked #5 in the United States for population size
- Successful operating history since 2016
- 21%+ projected population growth within a 1-mile radius through 2029
- Income tax free state – Texas
- Located along FM 723 Road (22,000 VPD), proximity TX-99 (72,000 VPD) & Westpark Tollway (35,000 VPD)
- 202,000+ people live within a five-mile radius
Executive Summary
The 10,200 square-foot building is located at a signalized intersection along FM 723, which carries a combined 32,000 vehicles per day. The site also bene?ts from close proximity to the Westpark Tollway (35,000 VPD) and TX-99/Grand Parkway (72,000 VPD), providing strong regional access. The property is positioned directly across from the newly constructed Gene Tomas High School, designed for 2,500 students, as well as Ella Banks Junior High. CVS is also minutes from the 578-acre Candela master-planned community, which is underway and will deliver approximately 1,700 homes. The population within one mile is projected to grow by 21% through 2029. As of 2026, there are approximately 202,000 residents within a ?ve-mile radius, with an average household income exceeding $181,000 within three miles. The property is located just one mile south of a major retail corridor anchored by H-E-B, Lowe’s, Kroger, Academy Sports + Outdoors, and several other national retailers.
CVS Health Corporation, headquartered in Woonsocket, Rhode Island, stands as the world’s second-largest healthcare company (behind UnitedHealth Group). The organization operates more than 9,000 retail pharmacy locations nationwide, over 1,000 MinuteClinic walk-in medical clinics, the CVS Caremark pharmacy bene?ts manager, Aetna health insurance plans, and comprehensive specialty pharmacy services. With approximately 300,000 colleagues, CVS Health serves more than 100 million people annually, delivering an integrated approach that simpli?es healthcare access, enhances affordability, and promotes overall well-being for patients and communities across the United States.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Jan 2042
CVS Health construit un monde de santé autour de chaque consommateur. Leur portée inégalée leur permet d'offrir des soins de santé abordables et de haute qualité au moment et de la manière dont les individus le souhaitent. Ils ont pour mission d'offrir des expériences supérieures et plus connectées, de réduire le coût des soins et d'améliorer la santé et le bien-être des personnes qu'ils servent. En tant que chef de file dans le domaine des solutions de santé, elle offre de multiples canaux d'accès aux soins de santé à l'échelle locale et nationale. Leur forte présence communautaire, leur approche avant-garDISTE et leur engagement inégalé auprès de millions de personnes leur permettent de fournir des soins de santé de haute qualité, personnalisés et abordables. Guidé par son objectif, CVS Health® construit un monde entier de soins de santé autour de chaque personne qu'elle sert, peu importe où elle se trouve dans son parcours. Ils écoutent, font preuve d'empathie et offrent des solutions novatrices qui répondent aux besoins uniques des gens et gagnent leur fidélité. Parce que la façon dont ils fournissent leurs services est tout aussi importante que ce qu'ils fournissent.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 2042 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0003-00-015-0010-901 | Improvements Assessment | $3,440,532 CAD |
| Land Assessment | $1,217,082 CAD | Total Assessment | $4,657,614 CAD |
Property Taxes
Presented by
CVS (Zero Cash Flow) | 25151 Fulshear Gaston Rd
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