Cvs – Granbury, Tx
$3,769,000
1101 East US Highway 377, Brazos Bend, TX 76048
7.25
Cap Rate
273,265
NOI
Details:
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.
Documents:
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cvs.granbury02_PKG.pdf
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