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CVS Pharmacy 29015 FM 2978 Rd 14 857 pi² Commerce de détail Immeuble Magnolia, TX 77354 12 030 809 $ CAD (809,77 $ CAD/pi²) 5,50% Taux de capitalisation



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Faits saillants de l'investissement
- Absolute NNN lease with 18 years remaining and no rent holiday
- S&P rated “BBB” investment grade corporate guaranty
- Nearby retail tenants include Walmart Supercenter, Starbucks, Subway, Whataburger, Chase Bank, Wells Fargo, among many others
- 10% rent increase every 5 years at the start of each renewal option
- Located at the western entrance of The Woodlands – an extremely affluent and dynamic mixed-use residential and commercial master planned community
- CVS Health Corporation is ranked #5 on the Fortune 500 with $372.8 billion in revenues
Résumé de l'annonce
Cushman and Wakefield is pleased to present a 14,857± square foot freestanding CVS Pharmacy retail store with drive-thru pharmacy located in Magnolia, Texas (High Income North Houston Suburb) leased until January 31, 2044, with 18 years of primary term remaining.
The CVS property is strategically located in a new construction retail development on the high traffic corridor of FM 2978 (31,295 VPD) at the western entrance of The Woodlands – an extremely affluent and dynamic mixed-use residential and commercial master planned community with average household income of $183,000. Other tenants in the center include AutoZone, Sonic, Mister Car Wash, Public Storage, and a two acre parcel currently in negotiations with a future automotive user and a proposed QSR tenant. The Woodlands is home to corporate headquarters, golf courses, high-income residential neighborhoods, top-ranked schools and more than 2,600 companies including Howard Hughes, Huntsman Corporation, Oxy, Chevron Phillips Chemical Company, McKesson, and Waste Connections US, Inc., to name a few. FM 2978 runs along the western edge of the Woodlands and intersects FM 1488 to the north, and to south it connects with State Highway 99 (The Grand Parkway) that circumnavigates the Houston MSA. Nearby retail tenants along FM 2978 include Walmart Supercenter, Starbucks, Subway, Whataburger, Chase Bank, Wells Fargo, and other national tenants. Surrounding demographics are outstanding with average household income over $190,900 and population over 112,300 within 5 miles.
The CVS property is strategically located in a new construction retail development on the high traffic corridor of FM 2978 (31,295 VPD) at the western entrance of The Woodlands – an extremely affluent and dynamic mixed-use residential and commercial master planned community with average household income of $183,000. Other tenants in the center include AutoZone, Sonic, Mister Car Wash, Public Storage, and a two acre parcel currently in negotiations with a future automotive user and a proposed QSR tenant. The Woodlands is home to corporate headquarters, golf courses, high-income residential neighborhoods, top-ranked schools and more than 2,600 companies including Howard Hughes, Huntsman Corporation, Oxy, Chevron Phillips Chemical Company, McKesson, and Waste Connections US, Inc., to name a few. FM 2978 runs along the western edge of the Woodlands and intersects FM 1488 to the north, and to south it connects with State Highway 99 (The Grand Parkway) that circumnavigates the Houston MSA. Nearby retail tenants along FM 2978 include Walmart Supercenter, Starbucks, Subway, Whataburger, Chase Bank, Wells Fargo, and other national tenants. Surrounding demographics are outstanding with average household income over $190,900 and population over 112,300 within 5 miles.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Taille du bâtiment
14 857 pi²
Classe d’immeuble
B
Année de construction
2022
Prix
12 030 809 $ CAD
Prix par pi²
809,77 $ CAD
Taux de capitalisation
5,50%
Revenu net d’exploitation
661 694 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Taille du lot
1,94 AC
Plutôt praticable à pied
20/100
Exceptionnellement facile d’accès en voiture
100/100
Assez praticable en vélo
30/100
Principaux détaillants à proximité
1 de 11
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Présenté par
CVS Pharmacy | 29015 FM 2978 Rd
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