CVS 9075 Legacy Dr
12,969 SF Retail Building Frisco, TX 75033 $5,070,663 ($391/SF) 8% Cap Rate



INVESTMENT HIGHLIGHTS
- Investment-Grade Guarantee
- Zero Landlord Responsibilities
- ± 480,000 People Within 15-Min Drive
- ± 8 Years Remaining
- Less Than 2 Miles From 98-Bed Medical Center
- Dallas/Fort Worth Metro
EXECUTIVE SUMMARY
Northmarq, on behalf of ownership, is pleased to offer for sale to qualified investors the 100% fee simple interest in this CVS Pharmacy located at 9075 Legacy Drive, Frisco, TX, 75033 (the “Property”)
There are ± 8 years remaining on CVS’ Absolute NNN lease with no landlord responsibilities. This includes 5 years of rent and 3 years of rent holiday. The Property is located within Frisco, Texas in the Dallas/Fort Worth metro; 480,000 people are located within a 15-minute drive of the subject property. It is located on a hard corner, with signalized intersection traffic counts of over 40,000 vehicles per day.
There are ± 8 years remaining on CVS’ Absolute NNN lease with no landlord responsibilities. This includes 5 years of rent and 3 years of rent holiday. The Property is located within Frisco, Texas in the Dallas/Fort Worth metro; 480,000 people are located within a 15-minute drive of the subject property. It is located on a hard corner, with signalized intersection traffic counts of over 40,000 vehicles per day.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,969 SF
Building Class
B
Year Built
2007
Price
$5,070,663
Price Per SF
$391
Cap Rate
8%
NOI
$405,653
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.05 AC
Zoning
C-3, County - Commercial
Parking
68 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | R310297 | Improvements Assessment | $1,774,969 |
Land Assessment | $2,536,934 | Total Assessment | $4,311,903 |