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1205 N US Highway 83 Hwy
Zapata, TX 78076

$4,046,400 USD

Drugstore For Sale  •  6,000 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 6,008 SF
  • Lot Size 1.3 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 5.45 %
  • Tenancy Single
50 Walk Score

Highlights

Absolute NNN – No landlord responsibilities
Zero Cash Flow with Paydown/Readvance: Ideal for tax-deferred 1031/1033 exchange buyers seeking to precisely match debt and equity requirements
Limited pharmacy competition – the nearest CVS and Walgreens is roughly 50 miles north in Laredo, Texas
Nearby retailers include Tractor Supply Company, Ace Hardware, Dollar General Market, O’Reilly Auto Parts, Burger King, Circle K, & several others
Long-term lease through 2045
Falcon Lake (International Falcon Reservoir) is a nationally recognized bass-fishing destination, drawing anglers and tourism revenue to Zapata

Property Flyers

Cap Rate: 5.45 %

Major Tenants

Tenant SF Occupied Lease End Date
CVS Pharmacy 1/31/2045
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group