725 E Main St
Henderson, TX 75652
CVS Pharmacy · Retail Property For Sale

The Subject Property is a 11,945 square foot free standing, absolute net leased drugstore with double drive-thru on 1.40 acres in Henderson, Texas. Henderson, the county seat for Rusk County, is located in the Longview, Texas MSA, in the eastern portion of Texas. Henderson is 30 miles southeast of Tyler and 130 miles east of Dallas. Texas is one of the five fastest growing states in the country and has no state income tax. The property is located on East Main Street adjacent to Highway 259. Highway 259 is one of the more dense commercial corridors in the area. There is a new Walmart Supercenter less than one mile from CVS. Other development immediately surrounding the property is predominantly retail with restaurants as well as residential.   CVS/pharmacy is a newly constructed building that was completed in June 2008. The property has an absolute net lease which commenced in September 2008 and terminates in January 2034. There are ten 5- year option periods. Both the first and second option periods have 5% rental increases. The remaining options (periods 3 through 10) adjust to fair market value rental rates.