Investment Overview

Marcus & Millichap is pleased to present a single-tenant net-leased CVS Pharmacy ground lease located at 100 East Main Street in Midlothian, Texas. The property has excellent ingress & egress on a hard-corner position at the signalized intersection of East Main Street (U.S. Highway 287 Business) and South 9th Street, the principal commercial spine of Midlothian, capturing both regional commuter traffic moving along the U.S. 287 corridor between Fort Worth and Waxahachie and significant local demand from the surrounding residential and retail base. The location benefits from direct frontage, signalized access, and strong visibility within the city’s core retail district. The site sits within Midlothian’s primary trade area, one of the most rapidly growing submarkets in the southern sector of the Dallas–Fort Worth Metroplex — the fourth-largest metropolitan area in the United States, with approximately 7.8 million residents. Midlothian’s population has grown more than 36 percent since 2020 and continues to expand at roughly 4.63 percent annually, fueled by major master-planned communities including BridgeWater, a $950 million development underway along the U.S. 287 corridor, and MidTowne, a 131-acre community in the heart of the city CVS occupies the property under an Absolute-Net ground lease, providing investors with a passive, management-free ownership opportunity and minimal landlord responsibilities. CVS Health is one of the largest integrated healthcare and retail pharmacy companies in the United States and the nation’s second-largest healthcare company. The company operates more than 9,000 retail pharmacy locations nationwide and generated approximately $402 billion in total revenue in fiscal year 2025, supported by a vertically integrated platform spanning retail pharmacy, pharmacy benefit management through CVS Caremark, health insurance through Aetna, and care delivery through MinuteClinic and Oak Street Health. As an essential, recession-resistant tenant operating at a long-tenured location open since 2004, CVS represents one of the most sought-after credit tenants in the single-tenant net lease sector.