1101 E Hwy 377 - For Lease
CVS – Granbury, TX
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About this property
CVS – Granbury, TX
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
Year built: 2005
CAP rate: 7.00%
Tenant: CVS Pharmacy Inc.
Lease type: Absolute NNN lease
Lease expiration: 01/31/2031
Details: Flat
Building size: 13368 sq ft
Property Details
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Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.