Price: $5,072,350
Cap Rate: 4.00%
Net Operating Income: $203,894
Square Footage: 10,908
Lot Size: 1.33 AC
Year Built: 1998
This is a rare CVS Pharmacy absolute net leased offering. The lease calls for zero landlord obligations. The tenant has six, 5 year options with 5% increases at options. The asset is well situated on a major commercial thoroughfare and is nearby H-E-B Grocery Store, McDonald’s and Whataburger.
