CVS Pharmacy

1000 East King Avenue, Kingsville, TX, USA
$5,072,350 4.00% Cap 10,908 sq ft Representative Photo Print This Page


1000 East King Avenue, Kingsville, TX, USA

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

100% Fee Simple InterestAbsolute NNN LeaseCorporate GuaranteeExcellent Access and VisibilityIncome Tax Free StateInvestment Grade CreditS&P Rated BBBZero Landlord Obligations

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.

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presented by

Kase Abusharkh Founding Principal View profile
Jacob Abusharkh Managing Principal View profile

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