Mount Pleasant, TX




Absolute NNN Lease

13+ years LTR


Best-in-Class Tenant

Investment Grade Guaranty


Long Operating History

24 years


Dominant Retail Area

National Brands


Signalized Intersection

42,700+ VPD

For more details on this exclusive listing

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  • Long-Term, Absolute NNN Lease
    CVS is operating under an absolute NNN lease with 13+ years of lease term remaining and zero landlord
    responsibilities whatsoever. This lease structure gives potential investors the opportunity to acquire a truly passive income investment asset with long-term, stable cash flows.
  • Best-in-Class Tenant with Investment Grade Guaranty
    The lease is guaranteed by CVS Health Corporation (NYSE: CVS). The company currently holds an investment grade credit rating of BBB/Stable from Standard and Poor’s and reported FY2023 revenues in excess of $358 billion, an 11% increase over 2022, and an adjusted operating income of $17.5 billion.
  • Large, Hard-Corner Parcel at Signalized Intersection
    The Property is located at the signalized intersection of S Jefferson Avenue (20,700+ VPD) and E Ferguson Road (22,000+ VPD). E Ferguson Road, also known as TX-49, is a significant highway known for its commercial development and serves as a major artery connecting various parts of Mount Pleasant and beyond. Additionally, the parcel benefits from being over one acre of land at a busy intersection with two points of access into the site, providing the real estate with long-term residual value.
  • Positioned within Dominant Retail Trade Area 
    The Property is strategically located less than two miles north from a Walmart Supercenter and surrounded by other national brand tenants, such as Super 1 Foods, Harbor Freight Tools, ALDI, and Anytime Fitness, driving consumer traffic into the trade area.
  • Long-Term Operating History & Established Store
    CVS has been operating at this site for approximately 24 years since 2000, demonstrating a high-performing location and strong tenant commitment to the site.
  • Near Pilgrim’s Pride Facility
    The Property enjoys a prime location near the Pilgrim’s Pride Mt. Pleasant Facility, which boasts an impressive workforce of over 3,500 employees. Pilgrim’s Pride is a major poultry processing company headquartered in Grenley, CO. The Mount Pleasant facility ranks among its largest processing plants, specializing in the production of chicken products for both domestic and international markets. Integral to the company’s operations, this facility plays a pivotal role in cementing Pilgrim’s Pride’s position as a top-tier poultry producer in the United States.

Exclusively Listed By

BJ Feller

Senior Vice President & Managing Director      +1 773.727.4285
TX Broker #766542

Blaise Bennett

Associate Vice President      +1 636.236.7845

Isaiah Harf

Regional Managing Director   

Christian Tremblay

Vice President   

Mark Lovering

Associate Vice President   

Jack Collins

Associate Vice President   

Josh Dicker

Senior Associate   

Robin Borgeson


Sam Ray


Russell Freeman



303 E Wacker Dr, Suite 1111
Chicago, Illinois 60601