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CVS Pharmacy | Cypress, TX 12550 Louetta Rd 12,036 SF Retail Building Cypress, TX 77429 $3,350,000 ($278.33/SF) 5.94% Cap Rate
Investment Highlights
- LONG-TERM OPERATING HISTORY
- CORPORATE GUARANTEE FROM INVESTMENT GRADE TENANT
- LOCATED IN HOUSTON MSA
- ABSOLUTE TRIPLE NET (NNN) LEASE
- LOCATED ON HARD, SIGNALIZED CORNER
Executive Summary
CAP RATE: 5.94%
NOI: $198,925
LEASE EXPIRATION: 10/31/2038
GUARANTEE: CORPORATE
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $16.53
- Triple Net
- Oct 2038
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $16.53 | Triple Net | Oct 2038 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1235510010001 | Improvements Assessment | $1,459,824 |
| Land Assessment | $972,885 | Total Assessment | $2,432,709 |
Property Taxes
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CVS Pharmacy | Cypress, TX | 12550 Louetta Rd
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