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CVS – GRANBURY, TX 1101 E US Highway 377 13,368 SF Retail Building Granbury, TX 76048 $3,769,000 ($281.94/SF) 7.25% Cap Rate
Investment Highlights
- Absolute NNN Lease: Zero landlord responsibilities
- Credit Ratings: S&P: BBB | Moody’s: Baa3
- Retail Synergy: Adjacent to Lowe’s, Walmart, Chick-fil-A, Aldi, and more
- Corporate Guarantee: Backed by CVS Health Corporation
- Premier Location: Signalized intersection with 48,281 CPD on Highway 377
- Established Pharmacy Tenant: CVS operates over 9,000 locations nationwide
Executive Summary
The freestanding building features modern architecture, a drive-thru, and ample parking, creating a high-traffic, consumer-friendly environment. Backed by CVS Health, one of the largest and most financially secure pharmacy retailers in the U.S., this asset offers a stable, passive income stream with zero landlord responsibilities.
Positioned in a thriving submarket with increasing population growth and a strong retail presence, this CVS Pharmacy is a high-quality, low-management investment opportunity ideal for both private and institutional buyers.
Property Facts
Amenities
- Signage
- Drive Thru
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
CVS Pharmacy began as Consumer Value Stores in Lowell, Massachusetts in 1963 and introduced pharmacies inside stores a few years later in Cranston, Rhode Island. The business operates as part of CVS Health, a broader health care company that combines retail pharmacy with pharmacy services, mail order, specialty pharmacy, prescription delivery, vaccinations, and clinical support. CVS Pharmacy serves consumers through a wide network of neighborhood pharmacies and offers services tied to medication access, counseling, and wellness needs. Over time, the company expanded from a single store format into a major U.S. pharmacy presence with a national footprint in health care delivery.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R000098399 | Improvements Assessment | $1,550,150 |
| Land Assessment | $1,161,300 | Total Assessment | $2,711,450 |
Property Taxes
Contact the Sale Advisor
CVS – GRANBURY, TX | 1101 E US Highway 377