31013 FM 2920 Rd | Waller, TX 77484
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31013 FM 2920 Rd
Waller, TX 77484
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Investment Grade Credit: Lease is guaranteed by CVS (NYSE: CVS), with a market cap of $94 billion and over 9,000 stores across the country.
- This is the only national drugstore in town. The next closest CVS property is located over 12 miles away and closest Walgreens over 13 miles away.
- Passive Ownership: CVS is operating on a NNN lease, with no landlord responsibilities, offering a passive income stream.
- Long Operating History: CVS has been operating at this location for nearly 20 years, with an additional 20 years of option periods.
- Income Tax Free State: Texas is one of nine states with no state income tax.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
75,602 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
3.00 AC
Parking
49 Spaces (0.65 Spaces per 1,000 SF Leased)
Frontage
155 FT on Fm-2920 Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,696,785 | |
| Land Assessment | $1,836,801 | Total Assessment | $4,533,586 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,836,801
Improvements Assessment
$2,696,785
Total Assessment
$4,533,586
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