2600 Sam Rayburn Hwy - Drug Store FOR SALE


Melissa, TX 75454
$4,240,000 USD
847-722-0865
2600 Sam Rayburn Hwy, Melissa, TX for Sale
$4,240,000 USD
Drug Store - FOR SALE
1/5
null | 6% Cap Rate

2600 Sam Rayburn Hwy
Melissa, TX 75454


HIGHLIGHTS

  • CORPORATE GUARANTY FROM INVESTMENT-GRADE TENANT
  • ABSOLUTE NNN LEASE
  • LONG-TERM & LOW-RISK INVESTMENT
  • LOCATED IN RAPIDLY GROWING MARKET
  • OVERSIZED PARCEL AT SIGNALIZED INTERSECTION
  • INCOME TAX-FREE STATE

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a CVS Pharmacy in Melissa, TX. This +/- 13,288 SF CVS was originally constructed in 2015 as a built-to-suit for the pharmaceutical industry leading tenant. CVS has over 15 years remaining of their original 25-year lease term, with an additional ten (10) 5-year option periods.

FOR SALE DETAILS

PRICE

$4,240,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

-

APN/PARCEL ID

R-10861-00A-001R-1

ASK ABOUT THIS PROPERTY

Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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Zack HilgendorfAtlantic Capital PartnersMore Info
847-722-0865

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