Freestanding CVS Pharmacy
For Sale
Contact for pricing
Pending
2113 Wells Branch Pkwy Building 5, Austin, TX 78728
Built in 2020, this freestanding CVS offers an absolute NNN lease structure with a CVS Health corporate guaranty.
Property Size14,785 SF
Lot Size1.75 Acres
Days on Market111
Property Features for 2113 Wells Branch Pkwy Building 5
General Information
Standard status
Pending
Size
14,785 SF
Lot size
1.75 Acres
Property subtype
Retail
Building Details
Year Built
2020
Listing Agency:
CBRE - Atlanta
(404) 504-7893
Listed By:
Chris Bosworth · License #GA 248342
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 29 at 3:29PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
This is a freestanding CVS pharmacy property built in 2020, offered as an absolute NNN net lease. The lease includes a corporate guaranty from CVS Health Corporation, with approximately 23 years remaining in the primary term and ten 5-year renewal options. The offering is described as a 14,785-square-foot building situated on 1.75 acres.
The property is located at 2113 Wells Branch Pkwy, Building 5, in Austin, Texas. The public remarks also note the broader Austin-Round Rock-San Marcos MSA population of 2.3 million.
As presented, the transaction is for sale, and the listing is positioned as a long-term, corporate-guarantied lease with a remaining primary term and multiple renewal opportunities.
The property is located at 2113 Wells Branch Pkwy, Building 5, in Austin, Texas. The public remarks also note the broader Austin-Round Rock-San Marcos MSA population of 2.3 million.
As presented, the transaction is for sale, and the listing is positioned as a long-term, corporate-guarantied lease with a remaining primary term and multiple renewal opportunities.
Key Highlights
- 14,785 SF freestanding CVS on 1.75 acres in Austin, Texas
- Built in 2020
- Absolute NNN lease structure
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 24%
Home Improvements & Furnishings 2%
Chevron
Shops & Services
7,137 visits/mo
0.5 miles
The UPS Store
Shops & Services
1,898 visits/mo
0.5 miles
Domino's Pizza
Dining
1,779 visits/mo
0.1 miles
Papa John's Pizza
Dining
1,285 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
333 visits/mo
0.5 miles
Demographics for 78728, TX
25,555
Population
13,878
Households
1.8
Avg Household Size
33
Median Age
48%
College-Educated
94%
High-School Grad
7.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$74,048
Median Household Income
$53,915
Median Earnings
$1,523
Median Rent
$392,600
Median Home Value
Market
Vacancy Rate% for Retail in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Built in 2020, this freestanding CVS offers an absolute NNN lease structure with a CVS Health corporate guaranty.
Where is this nnn property located?
The property is located at 2113 Wells Branch Pkwy Building 5 Austin, TX.
What are key features of this property?
This property features: 14,785 SF freestanding CVS on 1.75 acres in Austin, Texas; Built in 2020; Absolute NNN lease structure
