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7301 Hillside Rd
Amarillo, TX 79119
CVS - New 20 Year Lease - No Rent Holiday · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
  • Hard Corner Location with Drive-Thru – Ideally positioned at the intersection of Hillside Road and South Coulter Street
  • BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
  • Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
  • Approximately One Mile from Town Square Village – Mixed-use master planned community with 1,200 residential units and 100,000 SF of retail space
  • Affluent Area – Average household income within a one mile radius exceed $131,000

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
11,985 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.72 AC
Zoning
GR
Parking
79 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
249’ on Coulter St

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-035-2592-1350-0
Land Assessment
$1,273,694
Improvements Assessment
$341,381
Total Assessment
$1,615,075
  • Listing ID: 22210178

  • Date on Market: 2/10/2021

  • Last Updated:

  • Address: 7301 Hillside Rd, Amarillo, TX 79119

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