10001 Custer Rd Plano, TX 75025

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.