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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
13253794

1205 US-83, Zapata, TX 78076

Rinnier Development Company
Listed by Rinnier Development Company
$4,415,961
978 days on market
Updated 71 days ago

CVS Pharmacy

Details
Property Type Retail
Sub Type Pharmacy/Drug
Cap Rate 5.00%
NOI $220,572
Occupancy 100%
Tenancy Single
Brand/Tenant CVS Pharmacy
Lease Type Absolute NNN
Investment Type Net Lease
Tenant Credit Credit Rated
Ownership Fee Simple

CVS Pharmacy - Absolute Net Lease - 3.86% Fixed Assumable Debt - Zero Cash Flow

Marketing description

Single Tenant Investment - Bondable Absolute Net Lease - No Roof or Structure for Landlord

Assumable Debt 3.86% Fixed Low Interest Rate Fully Amortizing Loan Matures Nov. 2041

or Can be delivered Free and Clear without Debt

Strong Investment Grade Credit CVS Health S&P:BBB

Great Investment for 1031 Exchange Loan Provides for Paydown/Readvance to Maximize Tax Deferred Proceeds

Long Term Lease - Expires 2045

Tax benefits may include Annual Depreciation, Interest Expense and Accelerated Depreciation via Cost Seg Study

Tax Free State

Investment highlights

Single Tenant Investment - Bondable Absolute Net Lease - No Roof or Structure for Landlord

Assumable Debt 3.86% Fixed Low Interest Rate Fully Amortizing Loan Matures Nov. 2041

Strong Investment Grade Credit CVS Health S&P:BBB

Great Investment for 1031 Exchange Loan Provides for Paydown/Readvance to Maximize Tax Deferred Proceeds

Long Term Lease - Expires 2045

Tax benefits may include Annual Depreciation, Interest Expense and Accelerated Depreciation via Cost Seg Study

Tax Free State

Listing Contacts

Rinnier Development Company
Listed by Rinnier Development Company

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$220,572.00
$18,381.00/mo

Valuation Metrics

0
DSCR
4.99%
Cap Rate
4.99%
ROI

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