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7101 E William Cannon Dr
Austin, TX 78744
CVS Pharmacy · Retail Property For Sale
Investment Highlights
- Absolute NNN, corporately guaranteed lease with over 16 years remaining (no rent holiday), and rare 10% rent increases at the start of each renewal
- Outstanding demographics with average household income over $175,000 within one mile and over 58,700 population within 3 miles
- CVS operates over 9,000 retail drugstores and over 1,000 healthcare clinics located in 49 states, Puerto Rico, and the District of Columbia
- Large 3.15-acre lot on the hard corner of the signalized intersection of E William Cannon Drive and McKinney Falls Parkway
- CVS Health Corporation is ranked #5 on the Fortune 500 with $373 billion in 2024 revenues, and rated ‘BBB’ investment-grade by S&P
- 25-minute drive from downtown Austin and 15 minutes from Austin International Airport
Property Facts
Property Type
Retail
Building Size
14,698 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
3.15 AC
Property Taxes
| Parcel Number | 952455 | Improvements Assessment | $7,606,603 |
| Land Assessment | $205,947 | Total Assessment | $7,812,550 |
Property Taxes
Parcel Number
952455
Land Assessment
$205,947
Improvements Assessment
$7,606,603
Total Assessment
$7,812,550
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