CVS Drugstore with NNN
For Sale
Contact for pricing
Pending
3651 W Robinson Street, Norman, OK 73072
24/7 pharmacy operations are supported by a recently extended triple-net lease with no landlord responsibilities.
Property Size14,800 SF
Lot Size1.40 Acres
Days on Market42
Property Features for 3651 W Robinson Street
General Information
Standard status
Pending
Size
14,800 SF
Lot size
1.40 Acres
Property subtype
Retail
Financials
Asking Price
$8,304,480
Cap Rate
5.2%
Gross Income
$431,832
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angels - Glendale, California
Listed By:
Sterling Champ · License #CA 01325158
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 2:52PM
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 Colliers - Los Angels - Glendale, California
Investment Insights
Based on property information with market context.
The property comprises a 14,800-square-foot CVS drugstore situated on 1.40 acres. The pharmacy operates continuously, 24 hours a day, seven days a week. Its lease is structured on a triple-net basis, with no landlord responsibilities identified in the offering information. A recent extension added 13 years and brings the overall lease term to 20 years, with expiration scheduled for June 1, 2037.
The store occupies a corner position at West Robinson Street and 36th Avenue NW in Norman, Oklahoma, approximately 2 miles from the University of Oklahoma. The surrounding area includes more than 101,000 residents within a five-mile radius and an average household income exceeding $96,000 within one mile. Norman is also home to the University of Oklahoma, which has approximately 30,000 students.
The store occupies a corner position at West Robinson Street and 36th Avenue NW in Norman, Oklahoma, approximately 2 miles from the University of Oklahoma. The surrounding area includes more than 101,000 residents within a five-mile radius and an average household income exceeding $96,000 within one mile. Norman is also home to the University of Oklahoma, which has approximately 30,000 students.
Key Highlights
- 14,800‑square‑foot CVS drugstore on 1.40 acres
- 24/7 pharmacy operations
- Triple‑net lease with no landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
75k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 38%
Leisure 18%
Apparel 5%
7-Eleven
Shops & Services
13,889 visits/mo
0.5 miles
Amc Robinson Crossing 6
Leisure
13,698 visits/mo
0.5 miles
Chase Bank
Shops & Services
9,065 visits/mo
0.2 miles
Andy's Frozen Custard
Dining
8,105 visits/mo
0.5 miles
Arby's
Dining
7,454 visits/mo
0.4 miles
Demographics for 73072, OK
51,062
Population
20,915
Households
2.4
Avg Household Size
30
Median Age
53%
College-Educated
95%
High-School Grad
52.2 sq mi
ZIP Area
978
Density / Sq Mi
$76,933
Median Household Income
$32,892
Median Earnings
$1,102
Median Rent
$291,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- CVS Pharmacy — 3651 W Robinson St, Norman, OK 73072
- CVS Pharmacy — 1400 24th Ave NW, Norman, OK 73069
- Chad Reese — 1400 24th Ave NW T-2220, Norman, OK 730696385
- Jennifer Garn — 1400 24th Ave NW T-2220, Norman, OK 730696385
- Jennilee Craig — 1400 24th Ave NW, Norman, OK 730696385
Frequently Asked Questions
What type of property is this?
Drug store - 24/7 pharmacy operations are supported by a recently extended triple-net lease with no landlord responsibilities.
Where is this drug store located?
The property is located at 3651 W Robinson Street Norman, OK.
What are key features of this property?
This property features: 14,800‑square‑foot CVS drugstore on 1.40 acres; 24/7 pharmacy operations; Triple‑net lease with no landlord responsibilities
