CVS Pharmacy - Net Lease Property for Sale
Mathis, TX
Key Investment Metrics
Price
$1,110,000
Cap Rate
7.5%
Net Operating Income
$83,205
Building Size
7697 SF
Lot Size
7,697 SF
Remaining Term
4.2 years
Lease Expiration
03/31/2030
Lease Term
15.1 years
Lease Commencement
03/06/2015
Lease Type
NN
Tenant Credit
Credit Rated
Year Built
2002
Tenancy
Single
Rent Increases
7.5% In Options
About This CVS Pharmacy Net Lease Property
This CVS Pharmacy NNN (triple net lease) property is located in Mathis, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 7697 square feet of building space and was built in 2002.
With a cap rate of 7.5%, this CVS Pharmacy net lease property offers stable income potential. The asking price is $1,110,000, making it an attractive option for 1031 exchange investors seeking quality CVS Pharmacy commercial properties.
Why Invest in CVS Pharmacy NNN Properties?
- Stable Income: CVS Pharmacy net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: CVS Pharmacy is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Mathis, TX Market Overview
Located in Mathis, TX, this CVS Pharmacy property benefits from strong local demographics and market fundamentals. The Mathis area offers excellent visibility and accessibility, making it an ideal location for CVS Pharmacy operations and a solid investment for net lease property buyers.