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Investment Highlights

  • Brand New 20-Year Lease | Established Brand | Options to Extend |New Construction with Double Drive-Thru
  • Off Signalized, Hard Corner Intersection | Mirada Master Community | Neighboring 965-Acre Development
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area | Affluent Incomes

Executive Summary

• Brand new construction with a 20-year lease
• The lease features 6 (5-year) option periods to extend, with 10% rental increases at the beginning of each option period
• CVS Pharmacy, the retail division of CVS Health (NYSE: CVS), is America’s leading retail pharmacy with 9,100 retail locations, more than 1,000 walk-in and primary care medical clinics

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,871 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$17,955,599 CAD
Price Per SF
$1,207.42 CAD
Cap Rate
5.50%
NOI
$988,030 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.18 AC
Zoning
MPUD
Parking
50 Spaces (3.36 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Signalized Intersection
  • Drive Thru
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
11-25-20-0000-01300-0040
Land Assessment
$3,256,070 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,256,070 CAD
  • Listing ID: 39888474

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 32641 McCabe Rd, San Antonio, FL 33576

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