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1205 N US Highway 83 Hwy

6,000 SF Retail Building Zapata, TX 78076 £3,455,269 (£576/SF) 5% Net Initial Yield

Executive Summary

Single Tenant Investment
Bondable Absolute Net Lease
No Roof or Structure for Landlord
Assumable Debt or Can be Delivered Free and Clear of Debt
3.86% Fixed Low Interest Rate
Fully Amortizing Loan
Matures Nov. 2041

Strong Investment Grade Credit
CVS Health S&P:BBB
Great Investment for 1031 Exchange
Loan Provides for Paydown/Readvance
to Maximize Tax Deferred Proceeds

Long Term Lease - Expires 2045
Tax benefits may include Annual
Depreciation, Interest Expense and
Accelerated Depreciation via Cost Seg Study

Tax Free State

Attachments

CVS-ZCF-Zapata---TX

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
6,000 SF
Building Class
B
Year Built
2018
Price
£3,455,269
Price Per SF
£576
Net Initial Yield
5%
NOI
£172,763
Tenancy
Single
Number of Floors
1
Building FAR
0.11
Land Acres
1.30 AC
Frontage
126 ft on U.S. 83
1 of 1
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 9618 Improvements Assessment £290,261
Land Assessment £402,406 Total Assessment £692,667

PROPERTY TAXES

Parcel Number
9618
Land Assessment
£402,406
Improvements Assessment
£290,261
Total Assessment
£692,667
(410) 742-8151 x103

  • Listing ID: 29763204

  • Date on Market: 11/10/2023

  • Last Updated:

  • Address: 1205 N US Highway 83 Hwy, Zapata, TX 78076

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© 2024 CoStar Group

1205 N US Highway 83 Hwy
(410) 742-8151 x 103

1205 N US Highway 83 Hwy

Blair Rinnier

(410) 742-8151

x103

(410) 742-8151 x103

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