8580 N Macarthur Blvd - Freestanding FOR SALE


Irving, TX 75063- Valley Ranch
$9,880,000 USD
480-221-4221
8580 N Macarthur Blvd, Irving, TX for Sale
$9,880,000 USD
Freestanding - FOR SALE
1/7
null | 5.5% Cap Rate

8580 N Macarthur Blvd
Irving, TX 75063
Valley Ranch


HIGHLIGHTS

  • 15 Years Remaining | CVS Corporate Guaranty | Options To Extend | Scheduled Rental Increases
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • High Traffic Intersection | Interstate 635 (101,000+ VPD) | MacArthur Park | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

• CVS Pharmacy Corporate guaranteed lease (S&P: BBB) • 15 years remaining with 6 (5-year) option periods to extend • The lease features 5% rental increases at the beginning of each option

FOR SALE DETAILS

PRICE

$9,880,000 USD

PRICE/SF

$766 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS | 15yr Corp NNN | DriveThru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,310 SF

ZONING

PUD

APN/PARCEL ID

320874000A01R0000

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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