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Dallas CVS Investment Property

2420 W Wheatland Rd, Dallas, TX

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For Sale

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NNN leased CVS in Dallas with drive-thru.

Type:RETAIL

Property size:

13,420 SF

Lot size:

1.79 Acres

Price / SF:

$635/SF

HighLights

Absolute NNN lease: a management‑free investment.
Investment‑grade credit rating (S&P: BBB) ensures financial stability.
Corporate guarantee by CVS Caremark Corporation.
Approximately 12 years remaining on the initial lease term with 10 (5‑year) options to extend.
Located in Dallas, Texas, a state with no state income tax.
Drive‑thru equipped CVS Pharmacy, the largest pharmacy chain in the United States.

We can help!

Listing Contact

Matthew Mousavi

For Sale

Contact for pricing

NNN leased CVS in Dallas with drive-thru.

Type:RETAIL

Property size:

13,420 SF

Lot size:

1.79 Acres

Price / SF:

$635/SF

Added:: Apr 9, 2025
Days on Market:: 427
Last Refresh:: May 20 at 9:38 pm

Property Features for 2420 W Wheatland Rd

General Information

Standard status: Active
Size: 13,420 SF
Lot size: 1.79 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Matthew Mousavi

Listing agent Matthew Mousavi License #CA 01732226

Listing office SRS Industrial - Newport Beach

Listing date Apr 9, 2025

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 SRS Industrial - Newport Beach

HighLights

Absolute NNN lease: a management‑free investment.
Investment‑grade credit rating (S&P: BBB) ensures financial stability.
Corporate guarantee by CVS Caremark Corporation.
Approximately 12 years remaining on the initial lease term with 10 (5‑year) options to extend.
Located in Dallas, Texas, a state with no state income tax.
Drive‑thru equipped CVS Pharmacy, the largest pharmacy chain in the United States.

Overview

This is an opportunity to acquire a fee simple interest in an absolute NNN leased CVS investment property located in Dallas, Texas. The property includes land and building ownership. The tenant, CVS Pharmacy, Inc., has approximately 12 years remaining in their initial term, with 10 (5-year) options to extend. The lease is corporate guaranteed by CVS Caremark Corporation and is absolute NNN with zero landlord responsibilities. CVS is the largest pharmacy chain in the United States with more than 9,900 stores across the United States and Puerto Rico. The property is equipped with a drive-thru.

Property Profile Location Intelligence

Current Use by Public Records

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy CVS Pharmacy UPS Access Point ... Courier Service MoneyGram Bank

Suggested Use

Similar Places Nearby

Sam's Club Pharmacy — 2900 W Wheatland Rd, Dallas, TX 75237
Rhema — 2550 Beckleymeade Ave #105, Dallas, TX 75237, United States
VITAS Healthcare — 2550 Beckleymeade Ave Ste. 225, Dallas, TX 75237
Rhema Medical — 2550 Beckleymeade Ave #105, Dallas, TX 75237
Smoothie King — 3233 W Wheatland Rd, Dallas, TX 75237

Location Insight

Map
Local Demand

City: Dallas
County: Collin
State: Texas
Longitude: -96.8594
Latitude: 32.6476

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For sale
Drug stores
TX
Dallas
2420 W Wheatland Rd

What type of property is this?

Drug store - NNN leased CVS in Dallas with drive-thru.

Where is this drug store located?

The property is located at 2420 W Wheatland Rd Dallas, TX.

What is the asking price?

The asking price for this property is $8,523,000.

What are key features of this property?

This property features: Absolute NNN lease: a management‑free investment.; Investment‑grade credit rating (S&P: BBB) ensures financial stability.; Corporate guarantee by CVS Caremark Corporation.

2420 W Wheatland Rd, Dallas, TX

NNN leased CVS in Dallas with drive-thru.

Property Features for 2420 W Wheatland Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Commercial Property with Yard Access

High-Traffic Convenience Retail Store

Two-Story Live-Work Office Building

Former Church Redevelopment Facility

Church Campus with Fellowship Facilities

Mixed-Use Commercial Property with Two Units

Multifamily Investment Property

Medical Office Condo with Highway Frontage

Two-Unit Full Duplex

Freestanding Medical Office Building

Flex Space with Grade-Level Roll-Up

Move-In Ready Duplex with Two Units

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