1101 Fm 2181 Corinth, TX 76210
Zero cash flow CVS property with long-term lease.
Property size:
12,983 SFLot size:
1.52 AcresProperty Features for 1101 Fm 2181
General Information
- Standard status
- Active
- Size
- 12,983 SF
- Lot size
- 1.52 Acres
Building Details
- Year built
- 2017
Source:
Crexi
Listing Agency: Bang Realty Listing Agent: Brian Brockman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Corinth, Texas CVS Property
This 12,983 square-foot single-tenant CVS property is located in Corinth, Texas, within the Dallas MSA. Constructed in 2017, CVS has operated at this location since completion. The property is subject to a long-term absolute triple net lease extending through January 2043, with no landlord responsibilities. The lease includes ten 5-year renewal options with rental escalations. Situated along FM 2181, the property benefits from approximately 20,000 vehicles per day and proximity to Interstate 35E, which experiences approximately 134,000 vehicles per day. The surrounding trade area is experiencing growth, with the population within a three-mile radius projected to increase by more than 20% through 2029. Approximately 139,000 residents reside within a five-mile radius, supported by an average household income of approximately $163,000 within three miles. The property is near national retailers including 7-Eleven, Scooter’s Coffee, Kroger, Sprouts, Starbucks, Chase Bank, Wells Fargo, and AutoZone. It is also located less than one mile from John H. Guyer High School, which enrolls approximately 2,600 students, and approximately two miles west of Lake Dallas High School with enrollment of roughly 1,300 students.
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
CVS Pharmacy
Location Insight
- Map
- Local Demand
- City
- Corinth
- County
- Denton
- State
- Texas
- Longitude
- -97.0950379
- Latitude
- 33.132748
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FAQs
What type of property is this?
Drug store - Zero cash flow CVS property with long-term lease.
Where is this drug store located?
The property is located at 1101 Fm 2181 Corinth, TX.
What is the asking price?
The asking price for this property is $4,938,990.
What are key features of this property?
This property features: - Long-term absolute triple net (NNN) lease with CVS running through January 2043, requiring no landlord responsibilities.; - Located in Texas, an income tax-free state.; - Strong regional connectivity due to its location along FM 2181 and close proximity to Interstate 35E.
