CVS (Dollar General Sublease)
$4,500,000
10001 Custer rd, Plano, TX 75025
For Sale
Retail
Street Retail
Active
Last Updated: 12/02/2024
8.06
Cap Rate
362,785
NOI
Details:
Cap Rate: 8.06%
NOI: $362,785
Building Size: 12,900 sqft
Lot Area: 1.47 acres
Year Built: 2009
Highlights:
- Absolute Net Bond Lease | No Landlord Responsibilities
- Dollar General paying $10 SF ($8 to $10 below market rent)
- Texas is a Income Tax-Free State
- Plano is Part of the Dallas Fort-Worth MSA | 4th Largest MSA in The Country | Population Exceeds 7.75M+
- Extremely Affluent Community With Average Household Income Exceeding $154K Within a 3 Mile Radius
- Located Across the Street From Trails at Creekside Apartment Complex | 444 Luxury Apartment Units | 5.7% Vacancy
- Surging Population Growth With 4%+ Expected Annual Population Growth Within a 1/3/5 Mile Radius for the Next 5 Years
- Steadily Growing Community | 1/3/5 Mile Population Annual Growth of 4%+ Since 2010
- Within 5 Miles of Collin College | Student Enrollment Exceeds 52,812+
- Within 3 Miles of Baylor Scott & White Medical Center | 118 Beds
- 30 Miles Outside of Downtown Dallas | 48 Miles Outside of Downtown Fort Worth
- Within 25 Miles of Dallas Fort Worth International Airport
- Prototypical Freestanding CVS Equipped With Drive-Thru
- Lease is Corporately Guaranteed by CVS, the largest pharmacy chain in the U.S | S&P “BBB+"
- The location is promising with the surrounding areas home value upwards of $416,271 within 10 miles
Description:
.
.
Location

Gallery













