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CVS Pharmacy | NN Lease Investment

$808,000

604 South Main Street, Winnsboro, TX 75494

Active
Last Updated: 08/15/2024

6

Cap Rate

48,500

NOI

Details:
Cap Rate:    6%
NOI:    $48,500
Building Size:    4,165 sqft
Lot Area:    0.7 acres
Lease Type:    Double Net
Year Built:    1986
Highlights:
  • Limited competition - Only national brand pharmacy in a 20 mile radius
  • Located in a retail corridor with other national retailers
  • Low price point- $300,000 for this location individually
  • High traffic location - Main St. sees over 7,400 vehicles per day
  • Minimum landlord responsibilities
  • Low rent- Tenant is paying $11.64 PSF
Map:
Documents:
Title
Offering Memorandum
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Location
Gallery