Freestanding CVS Pharmacy with
For Sale
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3711 SE Frank Phillips Blvd, Bartlesville, OK 74006
Freestanding CVS Pharmacy with a drive-thru on 2.02 acres.
Property Size13,225 SF
Lot Size2.02 Acres
Price / SF$523.38
Days on Market169
Property Features for 3711 SE Frank Phillips Blvd
General Information
Standard status
Active
Size
13,225 SF
Lot size
2.02 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$449,914
Building Details
Year Built
2014
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
(858) 558-5670
Listed By:
Blake Tagmyer · License #CA 01912759
Source:
Crexi
Added: Feb 24
Changed: Aug 8
Last Checked: Aug 11 at 10:41AM
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.
Constructed in 2014, this property features a 13,225-square-foot freestanding CVS Pharmacy complete with a drive-thru. The pharmacy is positioned on a 2.02-acre lot at the intersection of State Highway US-75 (Washington Blvd) and Frank Phillips Blvd in Bartlesville, Oklahoma, benefiting from high traffic volume. CVS operates under a corporate lease that began in 2014 and extends for 25 years, expiring in January 2040, with approximately 14 years remaining on the initial term. CVS Health Corporation (NYSE: CVS) holds a BBB investment-grade credit rating from Standard & Poor’s with a Stable Outlook. The company's financial reports indicate approximately $402 billion in annual revenue (FY 2025) and a market capitalization exceeding $90 billion. CVS Health is ranked #6 on the Fortune 500, with over 9,000 retail locations and approximately 300,000 employees nationwide. The absolute NNN lease structure means zero landlord responsibilities for operating or capital expenses. The lease includes 10% rent increases at each of the six (6), five-year renewal options.
Key Highlights
- Corporate‑backed long‑term lease with approximately ±14 years remaining.
- Investment‑grade tenant: CVS Health (BBB / Stable Outlook).
- Absolute NNN lease structure: Zero landlord responsibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
351k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 39%
Apparel 7%
Superstores 5%
QuikTrip
Shops & Services
36,558 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
33,908 visits/mo
0.2 miles
Five Below
Shops & Services
31,007 visits/mo
0.1 miles
Chick-fil-A
Dining
30,549 visits/mo
0.2 miles
McDonald's
Dining
25,853 visits/mo
0.3 miles
Demographics for 74006, OK
27,795
Population
11,820
Households
2.4
Avg Household Size
41
Median Age
40%
College-Educated
95%
High-School Grad
91.4 sq mi
ZIP Area
304
Density / Sq Mi
$74,139
Median Household Income
$40,031
Median Earnings
$960
Median Rent
$184,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Michael A. Morton, DPH — 809 Winding Way, Bartlesville, OK 74006, United States
- DunamisNutrition — 584 SE Washington Blvd, Bartlesville, OK 74006
- Tracey Nunez — 4000 Green Country Rd, Bartlesville, OK 740065000
- Walmart Pharmacy — 4000 Green Country Rd, Bartlesville, OK 74006
- GNC — 2341 SE Adams Blvd, Bartlesville, OK 74006
Frequently Asked Questions
What type of property is this?
Drug store - Freestanding CVS Pharmacy with a drive-thru on 2.02 acres.
Where is this drug store located?
The property is located at 3711 SE Frank Phillips Blvd Bartlesville, OK.
What is the asking price?
The asking price for this property is $6,921,762.
What are key features of this property?
This property features: Corporate‑backed long‑term lease with approximately ±14 years remaining.; Investment‑grade tenant: CVS Health (BBB / Stable Outlook).; Absolute NNN lease structure: Zero landlord responsibilities.
