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    Freestanding CVS with Drive-Thru Title is generated by Realmo AI

    10001 Custer Rd, Plano, TX

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    Corporately guaranteed CVS, located in a growing, affluent community.

    Type:RETAIL
    Property size:
    12,900 SF
    Lot size:
    1.47 Acres
    Price / SF:
    $321/SF
    Added:
    Dec 3, 2024
    Days on Market:
    552
    Last Refresh:
    May 20 at 9:21 pm

    Property Features for 10001 Custer Rd

    General Information

    Standard status
    Active
    Size
    12,900 SF
    Lot size
    1.47 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Gino Kassab
    Gino Kassab

    Listing agent Gino Kassab License #6501387591

    Listing office Encore Real Estate Investment Services

    Listing date Dec 3, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services

    HighLights

    • Corporately guaranteed lease by CVS (S&P “BBB+”)
    • Located in Plano, part of the Dallas‑Fort Worth MSA (4th largest in the U.S. with 7.75M+ population)
    • Affluent community with average household income exceeding $154K within a 3‑mile radius
    • High population growth: 4%+ expected annual growth within a 1/3/5 mile radius for the next 5 years
    • Absolute Net Bond Lease with no landlord responsibilities
    • Located across the street from a 444‑unit luxury apartment complex (5.7% vacancy)

    Overview

    This freestanding CVS property, equipped with a drive-thru, is located in Plano, Texas, part of the Dallas-Fort Worth MSA, the 4th largest MSA in the country with a population exceeding 7.75 million. The lease is corporately guaranteed by CVS, the largest pharmacy chain in the U.S., with an S&P rating of "BBB+". The property is situated in an extremely affluent community with an average household income exceeding $154,000 within a 3-mile radius. It is located across the street from the Trails at Creekside Apartment Complex, which features 444 luxury apartment units and a 5.7% vacancy rate. The surrounding areas home value upwards of $416,271 within 10 miles. The area is experiencing surging population growth, with an expected annual population growth of 4%+ within a 1/3/5 mile radius for the next 5 years, and a population annual growth of 4%+ since 2010. The property is within 5 miles of Collin College, which has a student enrollment exceeding 52,812, and within 3 miles of Baylor Scott & White Medical Center, which has 118 beds. It is located 30 miles outside of Downtown Dallas and 48 miles outside of Downtown Fort Worth, and within 25 miles of Dallas Fort Worth International Airport. Dollar General is paying $10 SF, which is $8 to $10 below market rent. Texas is an income tax-free state.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy DG market Grocery & Convenience Store Redbox Cinema CVS Pharmacy Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • CVS 10001 Custer Rd, Plano, TX 75025
    • GNC 8930 State Hwy 121 Ste 500, McKinney, TX 75070
    • Walmart Pharmacy 16066 State Hwy 121, Frisco, TX 75035
    • CVS 8900 State Hwy 121, McKinney, TX 75070
    • CVS Pharmacy 10001 Custer Rd, Plano, TX 75025

    Location Insight

    • Map
    • Local Demand
    City
    Plano
    County
    Collin
    State
    Texas
    Longitude
    -96.734
    Latitude
    33.1163

    FAQs

    What type of property is this?
    Drug store - Corporately guaranteed CVS, located in a growing, affluent community.
    Where is this drug store located?
    The property is located at 10001 Custer Rd Plano, TX.
    What is the asking price?
    The asking price for this property is $4,150,000.
    What are key features of this property?
    This property features: Corporately guaranteed lease by CVS (S&P “BBB+”); Located in Plano, part of the Dallas‑Fort Worth MSA (4th largest in the U.S. with 7.75M+ population); Affluent community with average household income exceeding $154K within a 3‑mile radius
    (248) 702-0943 Call to check price and availability
    More about this property
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