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Off Market
1/5

1202 Main St
Bandera, TX 78003


HIGHLIGHTS

  • Investment Grade Tenant (S&P: BBB) With Corporate Guarantee
  • Strong Corporate Guarantee – CVS Health Corp; Reported Revenues of Over $292 Billion For FY 2021
  • Multiple 2 Year Options to Extend With Rare Rent Increases, Providing Landlord Leverage Upon Renewal
  • Current Annual Rent of $10.43 is Very Replaceable and Below the Chainwide Average, Improving Likelihood of Renewal
  • Essential Business Being Offered Well Below Its Replacement Cost
  • Full-Service Location With Drive-Thru

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY NAME

CVS Pharmacy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Medical

TOTAL BUILDING SIZE

3453

STORIES

1

YEAR BUILT

2003

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

-

APN/PARCEL ID

171126