1205 Us-83 Zapata, TX 78076
This exceptional investment opportunity presents a fee-simple ownership of a CVS Pharmacy located at 1205 US-83, Zapata, TX 78076. The property features a single-tenant, absolute net lease with a credit-rated tenant, ensuring minimal landlord responsibilities. The current lease, expiring in 2045, provides long-term stability and a strong cash flow. The property boasts a 5.00% cap rate and a Net Operating Income (NOI) of $220,572, making it an attractive proposition for investors. An assumable, 3.86% fixed-rate, fully amortizing loan matures in November 2041, offering flexibility to the buyer. Alternatively, the property can be purchased free and clear of debt. The tenant, CVS Pharmacy, holds a strong investment-grade credit rating (S&P: BBB). This property is ideally suited for a 1031 exchange, with potential tax benefits including annual depreciation, interest expense deductions, and accelerated depreciation via a cost segregation study. Texas's tax-free status further enhances the investment's appeal. The property is 100% occupied and represents a zero cash flow investment. This is a rare opportunity to acquire a high-quality, low-maintenance retail investment in a stable market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.