213 E San Patricio Ave | Mathis, TX 78368
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- LoopNet Team
213 E San Patricio Ave
Mathis, TX 78368
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Ideal 1031 Investment – Currently the lowest priced CVS Pharmacy in an income tax-free state with minimal landlord responsibilities.
- There’s limited competition in the area as this is the only major pharmacy chain in the city of Mathis.
- Mathis City Council have recently invested $30 million in capital improvements surrounding the city as they project a strong population growth for th
- In 2020 CVS had executed their first option period from the original lease term, then recently extended their second option until March 31, 2030.
- Investment Grade Rating by Moody’s and the S&P 500.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,697 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.64 AC
Zoning
Commercial - Commercial
Frontage
140’ on SAN PATRICIO AVE
PROPERTY TAXES
| Parcel Number | 41308 | Improvements Assessment | $594,469 |
| Land Assessment | $44,688 | Total Assessment | $639,157 |
PROPERTY TAXES
Parcel Number
41308
Land Assessment
$44,688
Improvements Assessment
$594,469
Total Assessment
$639,157
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