3401 W Walnut Hill Ln | Irving, TX 75038
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- LoopNet Team
3401 W Walnut Hill Ln
Irving, TX 75038
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Structure with 15+ years remaining, no landlord responsibilities providing passive ownership.
- Annual rental rate is well below the national average for similar drug store assets available.
- The lease is guaranteed by CVS Health Corp. which has a credit rating of BBB/Stable with S&P.
- Positioned at a signalized hard corner in a growing market of Dallas/Fort Worth MSA with average household incomes of $89,000 within 5 miles.
- The tenant has occupied the property for 20+ years showing a commitment to the local customer base.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,077 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.65 AC
Zoning
PUD, Irving
PROPERTY TAXES
| Parcel Number | 32174960000010000 | Improvements Assessment | $2,569,940 |
| Land Assessment | $832,180 | Total Assessment | $3,402,120 |
PROPERTY TAXES
Parcel Number
32174960000010000
Land Assessment
$832,180
Improvements Assessment
$2,569,940
Total Assessment
$3,402,120
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