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CVS Pharmacy 1102 S Austin Ave 15 300 pi² Commerce de détail Immeuble Georgetown, TX 78626 11 921 624 $ CAD (779,19 $ CAD/pi²) 5,50% Taux de capitalisation



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Faits saillants de l'investissement
- Absolute NNN, corporately guaranteed lease with over 18 years remaining (no rent holiday), and rare 10% rent increases at the start of each option
- Excellent demographics with average household income over $138,000 and more than 102,000 population within 5 miles of the property
- CVS operates over 9,000 retail drugstores and over 1,000 healthcare clinics located in 50 states, Puerto Rico, and the District of Columbia
- Hard corner site with drive thru and ample parking strategically situated on the high traffic, signalized intersection of S Austin Ave and W Unni Ave
- CVS Health Corporation is ranked #5 on the Fortune 500 with $372.8 billion in 2024 reported revenues, and rated ‘BBB’ investment-grade by S&P
- High growth, affluent, infill North Austin suburb – one of the fastest growing areas in Texas
Résumé de l'annonce
Cushman & Wakefield is pleased to present a 15,713± square foot, freestanding CVS PHARMACY retail store with a drive-thru, ample parking on site and adjacent parking lot, located in Georgetown, Texas, with almost 19 years of primary lease term remaining.
The CVS property is located on the northwest corner of the high traffic intersection of South Austin Avenue and West University Avenue – one of the premier intersections in Georgetown in one of the fastest growing regions in Texas. South Austin Avenue is a primary north/south corridor in Georgetown, with traffic counts of approximately 14,800 VPD, and West University Avenue is a major east/west thoroughfare with 35,489 VPD. Surrounding retailers include Wells Fargo, Golden Chick, Exxon, Little Caesars, and First Texas Bank, along with a variety of other national and regional tenants. Directly west of the property along W University Ave is a dense retail corridor that includes Wolf Ranch Town Center, a dominant shopping center anchored by Target, T.J. Maxx, Kohl’s and Best Buy, among other national retailers, dining, and entertainment options that drive consistent consumer traffic to the area. Other notable retailers on W University Ave include H-E-B, Academy Sports + Outdoors, Hobby Lobby, Floor & Décor, and ALDI, to name a few. South Austin Avenue is also a busy commercial corridor through Georgetown, providing direct access to residential neighborhoods and retail hubs, while West University Avenue connects the property with Interstate 35 and downtown Austin and the greater Central Texas region.
Listed in conjunction with Texas licensed broker Cushman & Wakefield U.S., Inc.
The CVS property is located on the northwest corner of the high traffic intersection of South Austin Avenue and West University Avenue – one of the premier intersections in Georgetown in one of the fastest growing regions in Texas. South Austin Avenue is a primary north/south corridor in Georgetown, with traffic counts of approximately 14,800 VPD, and West University Avenue is a major east/west thoroughfare with 35,489 VPD. Surrounding retailers include Wells Fargo, Golden Chick, Exxon, Little Caesars, and First Texas Bank, along with a variety of other national and regional tenants. Directly west of the property along W University Ave is a dense retail corridor that includes Wolf Ranch Town Center, a dominant shopping center anchored by Target, T.J. Maxx, Kohl’s and Best Buy, among other national retailers, dining, and entertainment options that drive consistent consumer traffic to the area. Other notable retailers on W University Ave include H-E-B, Academy Sports + Outdoors, Hobby Lobby, Floor & Décor, and ALDI, to name a few. South Austin Avenue is also a busy commercial corridor through Georgetown, providing direct access to residential neighborhoods and retail hubs, while West University Avenue connects the property with Interstate 35 and downtown Austin and the greater Central Texas region.
Listed in conjunction with Texas licensed broker Cushman & Wakefield U.S., Inc.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
15 300 pi²
Classe d’immeuble
B
Année de construction
2019
Prix
11 921 624 $ CAD
Prix par pi²
779,19 $ CAD
Taux de capitalisation
5,50%
Revenu net d’exploitation
655 689 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,40
Taille du lot
0,88 AC
Zonage
4-MUDT
Stationnement
76 places (4,97 places par 1 000 pi² loué)
Façade
256’ sur Austin Ave
Commodités
- Intersection avec signalisation
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
100/100
Plutôt praticable en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | R089981 | Évaluation des bâtiments | 3 184 185 $ CAD |
| Évaluation du terrain | 2 205 579 $ CAD | Évaluation totale | 5 389 765 $ CAD |
Impôts fonciers
Numéro de lot
R089981
Évaluation du terrain
2 205 579 $ CAD
Évaluation des bâtiments
3 184 185 $ CAD
Évaluation totale
5 389 765 $ CAD
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CVS Pharmacy | 1102 S Austin Ave
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