CVS Pharmacy for Sale in Granbury, TX
Granbury, TX
Key Investment Metrics
Price
$3,769,000
Cap Rate
7.3%
Net Operating Income
$273,265
Building Size
13368 SF
Land Area
1.33 Acres
Remaining Term
5.1 years
Lease Expiration
01/31/2031
Lease Term
25.1 years
Lease Commencement
12/22/2005
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
2005
Occupancy
100%
Tenancy
Single
Rent Increases
No
Property overview
CVS Pharmacy in Granbury
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 13,368 SF
- Land area
- 1.33 acres
- Year built
- 2005
- Lease type
- Absolute NNN
- Lease expiration
- 01/31/2031
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.