6225 El Dorado PkwyFrisco, TX 75033

This exceptional investment opportunity presents a 13,074 square foot freestanding CVS Pharmacy in Frisco, Texas. Boasting a 22.2-year absolute NNN lease with a corporate guarantee from CVS Health Corporation (ranked #6 on the Fortune 500), this property offers significant long-term stability and predictable cash flow. The lease includes 10% rent bumps in the options, starting every five years. Situated on a 1.91-acre lot with 66 parking spaces, the property enjoys a prime location at the signalized intersection of Eldorado Parkway and Frisco Street, benefiting from high visibility and accessibility. The area demonstrates exceptional demographics, with an average household income exceeding $183,000 and a population of 280,000 within a 5-mile radius. This high-growth area has experienced a remarkable 44% population increase within a 1-mile radius over the past four years. The property's strategic location is further enhanced by its proximity to major retail centers, including the Costco and Home Depot-anchored Frisco Trails shopping center across the street, and the Target and Market Street-anchored shopping centers nearby. Furthermore, it's less than a mile from Texas Health Hospital Frisco and the UT Southwestern Medical Center, solidifying its position in a thriving and expanding community. The property's strong financials include a 5.10% cap rate and a net operating income (NOI) of $501,198. Built in 2021, this asset offers a compelling combination of strong tenant, prime location, and substantial remaining lease term, making it an attractive investment opportunity. The asking price is $9,827,000, translating to a price per square foot of $751.64.