$3,666,667 USD
949-777-5984
5212 Antoine Dr
Houston, TX 77092
Oak Forest-Garden Oaks
HIGHLIGHTS
- CVS signed a brand new 10-year lease extension in 2024, showing commitment to location
- Tenant sales north of $13,000,000 with solid year-over-year increases
- ±7.5 years remaining with three 5-year options and 5% rental increases each option
- Signalized corner location with north of ±42k VPD and 144k+ population in 3 miles
- NNN lease — maintenance, insurance, and taxes are tenant's responsibility
- Corporately guaranteed by CVS (NYSE: CVS), investment-grade tenant (S&P: BBB)
OVERVIEW
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Brandon Perez (in conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code).
FOR SALE DETAILS
PRICE
$3,666,667 USD
PRICE/SF
$333 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS Pharmacy
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
1.29 AC
LAND SF
56,383 SF
ZONING
-
APN/PARCEL ID
1201790010001
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949-777-5984
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949-777-5984
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