1202 Main St | Bandera, TX 78003
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- LoopNet Team
1202 Main St
Bandera, TX 78003
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant (S&P: BBB) With Corporate Guarantee
- Multiple 2 Year Options to Extend With Rare Rent Increases, Providing Landlord Leverage Upon Renewal
- Essential Business Being Offered Well Below Its Replacement Cost
- Strong Corporate Guarantee – CVS Health Corp; Reported Revenues of Over $292 Billion For FY 2021
- Current Annual Rent of $10.43 is Very Replaceable and Below the Chainwide Average, Improving Likelihood of Renewal
- Full-Service Location With Drive-Thru
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,453 SF
Building Class
B
Year Built/Renovated
2003/2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.31 AC
Zoning
Commercial
Frontage
74’ on Main St
PROPERTY TAXES
| Parcel Number | 171126 | Improvements Assessment | $468,290 |
| Land Assessment | $191,290 | Total Assessment | $659,580 |
PROPERTY TAXES
Parcel Number
171126
Land Assessment
$191,290
Improvements Assessment
$468,290
Total Assessment
$659,580
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