CVS Pharmacy | NN Lease Investment
$808,000
604 South Main Street, Winnsboro, TX 75494
For Sale
Retail
Free Standing
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
Documents:
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Offering Memorandum
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