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Cvs – Granbury, Tx

$3,769,000

1101 East US Highway 377, Brazos Bend, TX 76048

Active
Last Updated: 10/02/2025

7.25

Cap Rate

273,265

NOI

Details:
Cap Rate:    7.25%
NOI:    $273,265
Building Size:    13,368 sqft
Lot Area:    1.33 acres
Occupancy:    100%
Lease Type:    Absolute Net
Zoning:    C
Tenancy:    Single
Lease Expire Year:    01/31/2031
Highlights:
  • Absolute NNN Lease: Zero landlord responsibilities
  • Corporate Guarantee: Backed by CVS Health Corporation (NYSE: CVS)
  • Credit Ratings: S&P: BBB | Moody’s: Baa2
  • Premier Location: Signalized intersection with 48,281 CPD on Highway 377
  • Retail Synergy: Adjacent to Lowe’s, Walmart, Chick-fil-A, Aldi, and more
  • Established Pharmacy Tenant: CVS operates over 9,000 locations nationwide
  • Modern Construction: Contemporary design with full-service pharmacy setup
  • High-Barrier-to-Entry Market: Dense retail concentration with limited large-format vacancy
Description:

This offering presents a rare opportunity to acquire a corporately guaranteed, absolute NNN leased CVS Pharmacy in Granbury, Texas—part of the high-growth Dallas-Fort Worth MSA. Situated on a major retail corridor, the property benefits from strong visibility, excellent access, and proximity to top national retailers, schools, and civic institutions.

The freestanding building features modern architecture, a drive-thru, and ample parking, creating a high-traffic, consumer-friendly environment. Backed by CVS Health, one of the largest and most financially secure pharmacy retailers in the U.S., this asset offers a stable, passive income stream with zero landlord responsibilities.

Positioned in a thriving submarket with increasing population growth and a strong retail presence, this CVS Pharmacy is a high-quality, low-management investment opportunity ideal for both private and institutional buyers.

Map:
Documents:
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cvs.granbury02_PKG.pdf
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Location
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