CVS Absolute NNN
For Sale
Contact for pricing
Pending
3402 Slide Road, Lubbock, TX 79410
Freestanding pharmacy investment with a long-term lease and no landlord responsibilities.
Property Size12,935 SF
Days on Market142
Property Features for 3402 Slide Road
General Information
Standard status
Pending
Size
12,935 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
Listed By:
Brandon Price · License #CA 01822998
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 2:19PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 12,935-square-foot CVS pharmacy is subject to an absolute NNN lease that places zero landlord responsibilities on the owner. The 25-year initial lease term began in 2006, with over 13 years remaining according to the lease summary. CVS is publicly traded on the New York Stock Exchange under the ticker symbol CVS and holds a current BBB credit rating from Standard & Poor’s.
The property occupies the intersection of US-82 Frontage Road and Slide Road, with access to Marsha Sharp Freeway and downtown Lubbock. Texas Tech University is approximately two miles away, while the City’s Medical District is two miles north and South Plains Mall is approximately two miles south. The surrounding area includes over 102,000 residents, with more than 224,000 residents within a three- and five-mile radius, respectively.
The property occupies the intersection of US-82 Frontage Road and Slide Road, with access to Marsha Sharp Freeway and downtown Lubbock. Texas Tech University is approximately two miles away, while the City’s Medical District is two miles north and South Plains Mall is approximately two miles south. The surrounding area includes over 102,000 residents, with more than 224,000 residents within a three- and five-mile radius, respectively.
Key Highlights
- 12,935‑square‑foot CVS pharmacy
- Absolute NNN lease with zero landlord responsibilities
- 25‑year initial lease term commenced in 2006
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Dining 8%
Hotels & Casinos 5%
Electronics 3%
Dollar Tree
Shops & Services
21,032 visits/mo
0.3 miles
Dollar General
Shops & Services
15,950 visits/mo
0.3 miles
Pet Supplies Plus
Shops & Services
11,169 visits/mo
0.2 miles
EZPAWN
Shops & Services
3,314 visits/mo
0.3 miles
Comfort Suites University
Hotels & Casinos
2,852 visits/mo
0.5 miles
Demographics for 79410, TX
8,615
Population
4,736
Households
1.8
Avg Household Size
29
Median Age
47%
College-Educated
91%
High-School Grad
2.4 sq mi
ZIP Area
3,590
Density / Sq Mi
$48,350
Median Household Income
$29,637
Median Earnings
$1,315
Median Rent
$211,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding pharmacy investment with a long-term lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 3402 Slide Road Lubbock, TX.
What are key features of this property?
This property features: 12,935‑square‑foot CVS pharmacy; Absolute NNN lease with zero landlord responsibilities; 25‑year initial lease term commenced in 2006
