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31606498
31606499

485 Texas Ave, Bridge City, TX 77611

JC
SL3541410
JLL - Irvine (Orange County), California
JK
IL IL 475.202814
JLL Chicago | Americas Headquarters
RW
TX 475762
JLL - Houston, Texas
JI
TX 696391
JLL - Houston, Texas
SK
IL 475206122
JLL - Dallas | Cedar Springs, Texas
BH
IN RB25001925
JLL - Dallas | Cedar Springs, Texas
Listed by JLL - Irvine (Orange County), California, JLL Chicago | Americas Headquarters, JLL - Houston, Texas, JLL - Dallas | Cedar Springs, Texas
$2,500,000
75 days on market
Updated 30 days ago

CVS Pharmacy - Bridge City, TX

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,917
Cap Rate 10.07%
NOI $251,760
Brand/Tenant CVS Pharmacy
Lease Type Absolute NNN
Lease Expiration 01/31/2035
Remaining Term 8.6
Year Built 2009
Acreage 1.520
Ground Lease No

Retail | 10.07% CAP | 13,917 SqFt

Marketing description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire CVS Pharmacy located at 485 Texas Avenue, Bridge City, TX (the “Property” or “Asset”). The property is currently dark. The tenant operates under an absolute NNN lease with approximately 8.6 years of primary term remaining, featuring two five-year fixed renewal options with zero landlord responsibility.

CVS Pharmacy, L.L.C. (NYSE: CVS; S&P: BBB) is a leading healthcare services and retail pharmacy chain headquartered in the United States. CVS operates a nationwide network serving millions of customers through pharmacy benefit management, retail pharmacy locations, and a range of health services. With approximately $402.1 in FY2025 revenue, over 300,000 employees, and more than 9,000 stores, CVS maintains a significant presence in the healthcare and retail pharmacy sectors. CVS continues to leverage its integrated platform and distribution capabilities, positioning itself as one of the largest and most diversified healthcare service providers and pharmacy retailers in North America.

CVS occupies a prime hard corner location at the signalized intersection of State Highway 73 and Ferry Drive in the heart of Bridge City. The property enjoys exceptional visibility and access from both State Highway 73 and Lake Street, which collectively see over 42,000 vehicles per day. State Highway 73 provides immediate connectivity to neighboring cities including Beaumont, Port Arthur, and Houston, Texas.

The immediate vicinity is densely populated, with over 107,500 residents within a ten-mile radius. Within that same area, there are more than 40,500 households with an average income exceeding $88,000, reflecting the city's ongoing appeal and strong development momentum.

This offering presents investors with an exceptional opportunity to acquire a cash-flowing asset backed by a leading national retailer, with significant value creation potential through future re-tenanting upon lease expiration.

Investment highlights

  • ±8.6 years of primary lease term remaining
  • Absolute NNN lease
  • Large 1.52-AC parcel
  • Investment grade tenancy (S&P: BBB) with stable outlook
  • CVS Corporate lease guarantor, ensuring stable cash flows
  • Excellent connectivity to major markets
  • Hard corner, signalized intersection

Listing Contacts

JC
SL3541410
JLL - Irvine (Orange County), California
JK
IL IL 475.202814
JLL Chicago | Americas Headquarters
RW
TX 475762
JLL - Houston, Texas
JI
TX 696391
JLL - Houston, Texas
SK
IL 475206122
JLL - Dallas | Cedar Springs, Texas
BH
IN RB25001925
JLL - Dallas | Cedar Springs, Texas
Listed by JLL - Irvine (Orange County), California, JLL Chicago | Americas Headquarters, JLL - Houston, Texas, JLL - Dallas | Cedar Springs, Texas

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$251,760.00
$20,980.00/mo

Valuation Metrics

0
DSCR
10.07%
Cap Rate
10.07%
ROI

Map

Zoning

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C-3 CommercialRetail CommercialThird Commercial District
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Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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