1101 E US Highway 377 - Drug Store FOR SALE


Granbury, TX 76048
$3,976,000 USD
214-643-6097
1101 E US Highway 377, Granbury, TX for Sale
$3,976,000 USD
Drug Store - FOR SALE
1/3
null | 7% Cap Rate

1101 E US Highway 377
Granbury, TX 76048


HIGHLIGHTS

  • Absolute NNN Lease: Zero landlord responsibilities
  • Corporate Guarantee: Backed by CVS Health Corporation (NYSE: CVS)
  • Credit Ratings: S&P: BBB | Moody’s: Baa2
  • Premier Location: Signalized intersection with 48,281 CPD on Highway 377
  • Retail Synergy: Adjacent to Lowe’s, Walmart, Chick-fil-A, Aldi, and more
  • Established Pharmacy Tenant: CVS operates over 9,000 locations nationwide

OVERVIEW

This offering presents a rare opportunity to acquire a corporately guaranteed, absolute NNN leased CVS Pharmacy in Granbury, Texas—part of the high-growth Dallas-Fort Worth MSA. Situated on a major retail corridor, the property benefits from strong visibility, excellent access, and proximity to top national retailers, schools, and civic institutions. The freestanding building features modern architecture, a drive-thru, and ample parking, creating a high-traffic, consumer-friendly environment. Backed by CVS Health, one of the largest and most financially secure pharmacy retailers in the U.S., this asset offers a stable, passive income stream with zero landlord responsibilities. Positioned in a thriving submarket with increasing population growth and a strong retail presence, this CVS Pharmacy is a high-quality, low-management investment opportunity ideal for both private and institutional buyers.

FOR SALE DETAILS

PRICE

$3,976,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS – GRANBURY, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C

APN/PARCEL ID

R000098399

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
214-643-6097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.