10001 Custer Rd Plano, TX 75025

This exceptional investment opportunity presents a fee-simple ownership of a 12,900-square-foot, single-tenant retail property located at 10001 Custer Rd, Plano, TX 75025. The property, built in 2009, is a Class A, freestanding CVS Pharmacy with a drive-thru, operating under an absolute triple-net (NNN) lease with a corporate guarantee from CVS, the nation's largest pharmacy chain, boasting an S&P rating of "BBB+". The lease, commencing October 1, 2009, and expiring September 30, 2034, has approximately 9.9 years remaining. The current asking price is $4,500,000, representing a compelling cap rate of 8.06% and a price per square foot of $348.84. The property boasts a 100% occupancy rate, generating a net operating income (NOI) of $362,785. Situated on a 1.47-acre lot, this property benefits from its location in a thriving Collin County area, across from a large luxury apartment complex and near Collin College, Baylor Scott & White Medical Center, and major transportation arteries, including proximity to Dallas Fort Worth International Airport. The property's strong tenant, favorable lease terms, and strategic location within the affluent Dallas-Fort Worth MSA make it an attractive investment prospect. The lease is a 25-year absolute NNN lease with no rent bumps or options to renew. The property is suitable for a 1031 exchange. The surrounding area exhibits robust population growth and high average household incomes exceeding $154,000 within a 3-mile radius. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment in a rapidly growing market.