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- LoopNet Team
827 E Milam St
Mexia, TX 76667
CVS Pharmacy · Retail Property For Sale

PROPERTY FACTS
- 196’ on Highway 171
- 290’ on Milam St
ABOUT 827 E MILAM ST , MEXIA, TX 76667
Colliers International is pleased to offer for sale to qualified investors the 100% fee simple interest in a true NNN CVS leased (sublease) pharmacy store located in Mexia, TX. This is an opportunity to acquire the dominant pharmacy in the market. CVS has operated at the site since 2010. The property sits at a lighted intersection with a specific address of 827 East Milam, Mexia, TX 76667 and contains 11,114 sf. The Master Tenant and guarantor is Capview Exchange, LLC (CXL). CXL is the 12th net lease fund created by Capview Partners since 2010. CXL is providing a 20 year lease with zero Landlord responsibilities. The Master Tenant structure eliminates the rent free holiday standard in CVS leases. For additional security, CXL will reserve approximately 1 year’s rent throughout the term of the lease. A detailed explanation of the deal structure follows in the financial section of this offering.
LINKS
PROPERTY TAXES
| Parcel Number | R20720 | Improvements Assessment | $1,190,238 |
| Land Assessment | $287,100 | Total Assessment | $1,477,338 |
PROPERTY TAXES
Listing ID: 16856823
Date on Market: 8/8/2019
Last Updated:
Address: 827 E Milam St, Mexia, TX 76667
The Retail Property at 827 E Milam St, Mexia, TX 76667 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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