CVS – Granbury, TX

$ 3,876,000
1101 E Hwy 377, Granbury

Overview

  • 13,368 ft2
  • Property Size
  • 2005
  • Year Built:
  • Updated On:
  • June 1, 2026

Property Id: 28801
Price: $ 3,876,000
Property Size: 13,368 ft2
Year Built: 2005
CAP Rate: 7.00%
Tenant: CVS Pharmacy Inc.
Lease Type: Absolute NNN lease
Lease Exp.: 01/31/2031
Details: Flat

Description

This offering presents a rare opportunity to acquire a corporately guaranteed, absolute NNN leased CVS Pharmacy in Granbury, Texas—part of the high-growth Dallas-Fort Worth MSA. Situated on a major retail corridor, the property benefits from strong visibility, excellent access, and proximity to top national retailers, schools, and civic institutions.

The freestanding building features modern architecture, a drive-thru, and ample parking, creating a high-traffic, consumer-friendly environment. Backed by CVS Health, one of the largest and most financially secure pharmacy retailers in the U.S., this asset offers a stable, passive income stream with zero landlord responsibilities.

Positioned in a thriving submarket with increasing population growth and a strong retail presence, this CVS Pharmacy is a high-quality, low-management investment opportunity ideal for both private and institutional buyers.

Property Highlights

  • Absolute NNN Lease: Zero landlord responsibilities
  • Corporate Guarantee: Backed by CVS Health Corporation (NYSE: CVS)
  • Credit Ratings: S&P: BBB | Moody’s: Baa2
  • Premier Location: Signalized intersection with 48,281 CPD on Highway 377
  • Retail Synergy: Adjacent to Lowe’s, Walmart, Chick-fil-A, Aldi, and more
  • Established Pharmacy Tenant: CVS operates over 9,000 locations nationwide
  • Modern Construction: Contemporary design with full-service pharmacy setup
  • High-Barrier-to-Entry Market: Dense retail concentration with limited large-format vacancy

CLICK HERE

Address: 1101 E Hwy 377
City:
State/County:
Zip: 76048
Country: United States

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