7301 Hillside Rd - Drug Store FOR SALE
Amarillo, TX 79119 |
7301 Hillside Rd
Amarillo, TX 79119
HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Hard Corner Location with Drive-Thru – Ideally positioned at the intersection of Hillside Road and South Coulter Street
- Approximately One Mile from Town Square Village – Mixed-use master planned community with 1,200 residential units and 100,000 SF of retail space
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
- Affluent Area – Average household income within a one mile radius exceed $131,000
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CVS - New 20 Year Lease - No Rent Holiday
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
11985
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
79
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
R-035-2592-1350-0
