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Informations principales sur l'investissement

  • Absolute NNN lease with 18 years remaining and no rent holiday
  • S&P rated “BBB” investment grade corporate guaranty
  • Nearby retail tenants include Walmart Supercenter, Starbucks, Subway, Whataburger, Chase Bank, Wells Fargo, among many others
  • 10% rent increase every 5 years at the start of each renewal option
  • Located at the western entrance of The Woodlands – an extremely affluent and dynamic mixed-use residential and commercial master planned community
  • CVS Health Corporation is ranked #5 on the Fortune 500 with $372.8 billion in revenues

Résumé analytique

Cushman and Wakefield is pleased to present a 14,857± square foot freestanding CVS Pharmacy retail store with drive-thru pharmacy located in Magnolia, Texas (High Income North Houston Suburb) leased until January 31, 2044, with 18 years of primary term remaining.
The CVS property is strategically located in a new construction retail development on the high traffic corridor of FM 2978 (31,295 VPD) at the western entrance of The Woodlands – an extremely affluent and dynamic mixed-use residential and commercial master planned community with average household income of $183,000. Other tenants in the center include AutoZone, Sonic, Mister Car Wash, Public Storage, and a two acre parcel currently in negotiations with a future automotive user and a proposed QSR tenant. The Woodlands is home to corporate headquarters, golf courses, high-income residential neighborhoods, top-ranked schools and more than 2,600 companies including Howard Hughes, Huntsman Corporation, Oxy, Chevron Phillips Chemical Company, McKesson, and Waste Connections US, Inc., to name a few. FM 2978 runs along the western edge of the Woodlands and intersects FM 1488 to the north, and to south it connects with State Highway 99 (The Grand Parkway) that circumnavigates the Houston MSA. Nearby retail tenants along FM 2978 include Walmart Supercenter, Starbucks, Subway, Whataburger, Chase Bank, Wells Fargo, and other national tenants. Surrounding demographics are outstanding with average household income over $190,900 and population over 112,300 within 5 miles.

Informations sur l’immeuble

Type de vente
Investissement triple net
Type de bien
Local commercial
Surface de l’immeuble
1 380 m²
Classe d’immeuble
B
Année de construction
2022
Prix
7 494 026 €
Prix par m²
5 429,43 €
Taux de capitalisation
5,50 %
RNE
412 171 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,18
Surface du lot
0,79 ha
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Principaux commerces à proximité

Simmons Bank
D1 Sports Training
Starbucks
PNC Bank
Chase Bank
  • ID de l’annonce: 38803908

  • Date de mise sur le marché: 17/12/2025

  • Dernière mise à jour:

  • Adresse: 29015 FM 2978 Rd, Magnolia, TX 77354

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