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129 Shahan Prairie Rd
Oak Point, TX 75068
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Absolute NNN lease with over 20+ years remaining and no rent holiday
- Large 2.48 acre lot strategically situated on the hard corner of the signalized intersection of FM 720 and Shahan Prairie Road
- Excellent demographics with an average household income over $134,000 and nearly 40,500 population within 3 miles of the property
- 10% rent increase every 5 years at the start of each renewal option
- High growth, affluent North Dallas trade area with numerous new residential communities recently built and currently under construction
- CVS Health Corporation is ranked #5 on the Fortune 500 with 2024 reported revenues of $372.8 billion
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,698 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.48 AC
Zoning
NEC - Commercial
Parking
55 Spaces (3.74 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Skylights
- Drive Thru
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | R966100 | Improvements Assessment | $2,001,793 |
| Land Assessment | $2,700,720 | Total Assessment | $4,702,513 |
Property Taxes
Parcel Number
R966100
Land Assessment
$2,700,720
Improvements Assessment
$2,001,793
Total Assessment
$4,702,513
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