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CVS 2600 Sam Rayburn Hwy 13,288 SF Retail Building Melissa, TX 75454 $5,918,701 CAD ($445.42 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • CORPORATE GUARANTY FROM INVESTMENT-GRADE TENANT
  • LONG-TERM & LOW-RISK INVESTMENT
  • OVERSIZED PARCEL AT SIGNALIZED INTERSECTION
  • ABSOLUTE NNN LEASE
  • LOCATED IN RAPIDLY GROWING MARKET
  • INCOME TAX-FREE STATE

EXECUTIVE SUMMARY

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a CVS Pharmacy in Melissa, TX. This +/- 13,288 SF CVS was originally constructed in 2015 as a built-to-suit for the pharmaceutical industry leading tenant. CVS has over 15 years remaining of their original 25-year lease term, with an additional ten (10) 5-year option periods.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,288 SF
Building Class
B
Year Built
2015
Price
$5,918,701 CAD
Price Per SF
$445.42 CAD
Cap Rate
6%
NOI
$355,122 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.15 AC
Frontage
437’ on E Melissa

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

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 END
Retailer - - -

NEARBY MAJOR RETAILERS

Kroger
Starbucks
The Brass Tap
Scooter's Coffeehouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-10861-00A-001R-1
Land Assessment
$2,420,820 CAD
Improvements Assessment
$2,903,399 CAD
Total Assessment
$5,324,219 CAD
  • Listing ID: 38308869

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 2600 Sam Rayburn Hwy, Melissa, TX 75454

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