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| Price $3,602,092 | Built/Renov 2010 | Tenant CVS Pharmacy |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,329
| Lease Start
12-01-2010
| #Units
9,395
|
| Price/SF $270.24 | Expiration
01-31-2036
| Tenant Type Pharmacy |
| NOI $234,136 | R. Term 11.2 | Ownership Fee Simple |
| Rent/SF
$17.57
| Increases 0.0%/0/yrs | Pop 5Mi 8,986 |
| Lot/AC 1.32 | Options 10/5yrs | AHHI 5Mi $44,664 |
| | |
The 13,329-square-foot building is located along Mexia’s primary thoroughfare known as Milam Street which experiences over 12,073 vehicles per day. The subject CVS location has very limited competition in the area with the nearest Walgreens found over 40 miles west. Nationally recognized retailers occupying the corridor include Walmart Supercenter, H-E-B, Tractor Supply Company, Starbucks, Ace...
...Dense retail corridor
Near major nationals
Income tax free state
Absolute NNN
Long 10+ yr lease
Limited competition
Traded and rated company
Over 2000 units backed
Corporate Guarantee
Investment grade tenant
CVS Pharmacy, Inc. is an American retail corporation and is the largest pharmacy chain in the United States by number of locations and total prescription revenue. CVS sells prescription drugs and...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 4,522 | 7,546 | 8,931 |
| 2023 Total Population : | 4,539 | 7,589 | 8,987 |
| 2023 Employed Civilian Pop : | 1,762 | 2,929 | 3,422 |
| 2023 Total Businesses : | 263 | 364 | 396 |
| 2023 Average Household Income : | $ 56,205 | $ 63,505 | $ 65,594 |
| 2023 Total Consumer Spending : | $ 78 M | $ 151 M | $ 188 M |
| 2023 Median Age : | 35 | 37 | 38 |
| 2023 Total Households : | 1,578 | 2,698 | 3,238 |
| 2023 Pop Age 25+: Bachelor's Degree : | 208 | 466 | 600 |
| 2023 Average Home Value : | $ 147,709 | $ 162,290 | $ 173,669 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Bailey Street | E Milam St | 2020 | 3,450 | 0.21 mi |
| South Bailey Street | E Glendale St | 2021 | 4,439 | 0.21 mi |
| East Milam Street | N Bailey St | 2021 | 12,314 | 0.28 mi |
| E Milam St | N Sherman St | 2002 | 17,500 | 0.54 mi |
| West Milam Street | N Sherman St | 2020 | 13,860 | 0.59 mi |
| West Milam Street | N Thomas St | 2021 | 15,212 | 0.59 mi |
| State Hwy 171 | N Echols St | 2002 | 5,900 | 0.96 mi |
| Tehuacana Highway | N Thomas St | 2020 | 5,731 | 1.00 mi |
| State Hwy 14 | Bluebonnet St | 2002 | 8,600 | 1.01 mi |
| FM 39 | W Tyler St | 2021 | 5,664 | 1.02 mi |
Arcadia, FL
Cap Rate 7.35%
Lease Abs NNN
R. Term 4.20 yrs
Size/SF 10,908
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Mount Pleasant, TX
Cap Rate 6.00%
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R. Term 13.50 yrs
Size/SF 10,908
New Hyde Park, NY
Cap Rate 7.50%
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Bartonville, IL
Cap Rate 6.00%
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R. Term 14.11 yrs
Size/SF 10,113
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
