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1205 N US Highway 83 Hwy

6,000 SF Retail Building Zapata, TX 78076 $6,259,492 CAD ($1,043 CAD/SF) 5% Cap Rate

Drug Stores Texas Zapata 1205 N US Highway 83 Hwy, Zapata, TX 78076

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
$6,259,492 CAD
Price Per SF
$1,043 CAD
Cap Rate
5%
NOI
$312,975 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
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

Nearby Major Retailers

Lowe's Supermarket
Wings To Go

PROPERTY TAXES

Parcel Number 9618 Improvements Assessment $518,763 CAD
Land Assessment $719,193 CAD Total Assessment $1,237,957 CAD

PROPERTY TAXES

Parcel Number
9618
Land Assessment
$719,193 CAD
Improvements Assessment
$518,763 CAD
Total Assessment
$1,237,957 CAD
(410) 742-8151 x103

Contact

  • Listing ID: 29763204

  • Date on Market: 2023-10-11

  • Last Updated:

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

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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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