Thomas Company is pleased to announce the recent sale of a CVS in Frisco, Texas. The asset totals over 15,000 square feet with over 22 years remaining on the term. The list price was approximately $7.9 million.
Key Highlights
- CVS Health Corporation (S&P: BBB, NYSE: CVS), together with its subsidiaries, is one of the largest pharmacy health providers in the United States, operating more than 9,900 retail drugstores in the United States, Puerto Rico, and Brazil.
- The property is subject to an absolute NNN lease where the tenant has responsibility for all repair and maintenance of the Property, and the Landlord has no responsibility.