Net-lease investment offering
CVS
604 S Main St, Winnsboro, TX 75494, USA
$746,154Asking price
6.50%Capitalization rate
$48,500Net operating income
Upon requestTerm remaining
Offering memorandumComplete investment materials
Request OM
Corporate-guaranteed · Absolute NNNOffering Details
Lease Economics
TenantCVS
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Initial Lease TermAvailable upon request
Term RemainingAvailable upon request
Rent CommencementAvailable upon request
Lease ExpirationAvailable upon request
Rental IncreasesAvailable upon request
Renewal Options5 x 2 Yr
Real Estate
Building Area4,165 SF
Land Area0.70 acres
Year Built1986
Ownership InterestAvailable upon request
Property TypePharmacy
MarketWinnsboro, TX
Address604 S Main St, Winnsboro, TX 75494, USA
Investment Overview
STONECLIFF is pleased to present the exclusive listing for a CVS located at 604 South Main St, Winnsboro, Texas 75494. The site consists of roughly 4,165 rentable square feet of retail space on an estimated 0.70-acre parcel of land. This CVS is subject to a 17-year Absolute Triple Net (NNN) Lease with 4+Years Remaining. The annual rent is $48,500 with scheduled 3% in each Option Period.
- 01The subject property is located directly off S Main St with vehicle counts exceeding 7,400 VPD. It is just off the signalized intersection of E Coke Rd & S Main St (16,000 VPD)
- 02Dense retail corridor with tenants O’Reilly Auto Parts, Dairy Queen, Valero, McDonalds, Brookshires, Family Dollar, Dollar General, Sonic, Prosperity Bank & more
- 03Close proximity to Winnsboro Junior High School with over 361 students and Winnsboro high school with over 515 students
- 04Winnsboro, TX is located an hour and a half from downtown Dallas and has grown by 12-13% in the past 10 years
7,400Vehicles per day
16,000Vehicles per day
361Nearby students