Drug Store
CVS (Absolute Net) | Austin MSA
2020 W County Line Rd, New Braunfels, TX 78130
Listing Price: $4,308,653
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease CVS in New Braunfels, TX. The property consists of a 13,038-square-foot, freestanding building that sits on approximately 1.94 acres of land. There are 15.4 years remaining on the lease with FMV rental increases in options.
CVS (Absolute Net) | Austin MSA
Investment Highlights
- Long-Term Absolute Net Lease with 15+ Years Remaining
- Signalized Hard Corner Location on South Walnut Street and West Country Line Road (22,113 Vehicles per Day)
- Located in the Continuously Expanding New Braunfels Corridor Between Austin and San Antonio
- More Than 103,000 Residents - 66 Percent Growth Since 2010 (5-Mile Radius)
- Large 1.94 Acre Parcel with Ample Parking and Multiple Access Points
- Strategically Located Just South of Interstate 35 (145,621 VPD) — One of Texas' Most High-Traffic Corridors
- Corporate Guaranteed Lease - Investment Grade Tenant (BBB: S&P)
- Austin-San Antonio Metro Population Projected to Grow by More than 3 Million by 2050
Listing Price: $4,308,653
Investment Highlights
- Long-Term Absolute Net Lease with 15+ Years Remaining
- Signalized Hard Corner Location on South Walnut Street and West Country Line Road (22,113 Vehicles per Day)
- Located in the Continuously Expanding New Braunfels Corridor Between Austin and San Antonio
- More Than 103,000 Residents - 66 Percent Growth Since 2010 (5-Mile Radius)
- Large 1.94 Acre Parcel with Ample Parking and Multiple Access Points
- Strategically Located Just South of Interstate 35 (145,621 VPD) — One of Texas' Most High-Traffic Corridors
- Corporate Guaranteed Lease - Investment Grade Tenant (BBB: S&P)
- Austin-San Antonio Metro Population Projected to Grow by More than 3 Million by 2050
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire an absolute net lease CVS in New Braunfels, TX. The property consists of a 13,038-square-foot, freestanding building that sits on approximately 1.94 acres of land. There are 15.4 years remaining on the lease with FMV rental increases in options.
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