CVS - San Angelo, TX

Below 2% Rent-to-Sales: The tenants most recent annual sales showed 5% Year-over-Year growth and position the property with an extremely low Rent-to-Sales ratio (contact agent for more details).
Recently Extended Lease: In October 2024, CVS exercised its second option with zero rent concessions or lease modifications.
Proximity to Shannon Medical Center: CVS is ideally located less than ¾ mile from Shannon Medical Center and several affiliated medical office buildings. Shannon Medical is the only large hospital system in the region, serving 24 counties and a population of approximately 250,000 residents.
Limited Maintenance Obligations: The landlord’s responsibilities are limited to roof and structure only. In October 2020, ownership spent $85,000 to install a brand-new roof, which includes a 10-year labor warranty.
Angelo State University: Located 1.9 miles from CVS, Angelo State University has a student body of approximately 12,000 including over 9,700 undergraduates.
Goodfellow AIr Force Base: Located just 5.5 Miles SE, Goodfellow Air Force Base serves as a joint-service base, supporting a population of over 12,500, including students, permanent party members, civilians, dependents, and retirees.
Former Eckerd: In July 2004, CVS acquired approximately 1,260 Eckerd drug stores from JCPenney, making CVS the largest drugstore chain in America. The acquisition added strategic growth throughout the southeastern states and Texas.
Preferred Location in San Angelo, TX: Per AlphaMap and Placer.ai, this CVS ranks as the busier of the two locations in the city.

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Patrick Graham