Cvs

Highlights:

• NNN Lease Structure | No Landlord Obligations
• Investment Credit Corporate Backed Lease by CVS Health | S&P "BBB" Rated
• 9 Year Long Term Lease
• 25 Year Occupancy - Proven Location; Operating Since 1998
• Densely Populated | 1 Mile 18,000+ | 3 Mile 120,000+
• Drive Thru Equipped at Signalized Intersection w/ High-traffic w/ 24,500+ Vehicles Per Day
• Midnight Location & High Performing Store
• Less than 2 Miles From Corpus Christi Medical 152 Bed Hospital

Description:

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Corpus Christi is a coastal city in the South Texas region of the U.S. state of Texas and the county seat and largest city of Nueces County with portions extending into Aransas, Kleberg, and San Patricio counties. It is 130 miles (210 km) southeast of San Antonio and 208 miles (335 km) southwest of Houston. Its political boundaries encompass Nueces Bay and Corpus Christi Bay. Its zoned boundaries include small land parcels or water inlets of three neighboring counties.

The city's population was 316,239 in 2022, making it the eighth-most populous city in Texas. The Corpus Christi metropolitan area had an estimated population of 442,600. It is also the hub of the six-county Corpus Christi-Kingsville combined statistical area, with a 2013 estimated population of 516,793. The Port of Corpus Christi is the fifth-largest in the United States. The region is served by the Corpus Christi International Airport.

Corpus Christi is home to Naval Air Station Corpus Christi, one of two locations training primary student pilots and advanced multiengine pilots of the US Navy, Marine Corps, and Coast Guard.

The majority of the population is employed in the services, wholesale and retail trades, and government sectors. Corpus Christi has an unemployment rate of 4.5% as of July 2019.

The Port of Corpus Christi, which is the fifth-largest U.S. port and deepest inshore port on the Gulf of Mexico, handles mostly oil and agricultural products. Much of the local economy is driven by tourism and the oil and petrochemicals industry. In 2005, the port was ranked as the 47th-largest in the world by cargo tonnage.

Corpus Christi is home to Naval Air Station Corpus Christi, providing 6,200 civilian jobs to the local economy, making it the single largest employer in the city. Corpus Christi Army Depot, located on NAS Corpus Christi, is the largest helicopter repair facility in the world. Additionally located on NAS Corpus Christi is the United States Coast Guard Sector/Air Station Corpus Christi.

Corpus Christi is the original home of the headquarters of Whataburger, a fast-food restaurant operator and franchiser with 650 stores in 10 states and Mexico; the company relocated its headquarters to San Antonio in 2009. Other large employers include Christus Spohn Health System at 5,400 local employees, the Corpus Christi Independent School District with 5,178, H-E-B at 5,000, and Bay Ltd. at 2,100. Other companies based in Corpus Christi include Stripes Convenience Stores and AEP Texas.

Corpus Christi became the first major city to offer citywide free wi-fi in April 2005 and to allow remote meter reading after a meter reader was attacked by a dog. In 2007, the network was purchased by Earthlink for $5.5 million, and stopped being a free service on May 31, 2007.