The Boulder Group completed the sale of a single-tenant net-leased CVS located 1101 FM 2181 in Corinth, Texas, for $4.7 million.
The property sold in less than a month from the start of the marketing process.
The 12,983 square-foot property is situated along FM 2181 at its intersection with Teasley Lane and Barrel Strap Road, a well-traveled commercial corridor experiencing approximately 20,000 vehicles per day. The site benefits from close proximity to Interstate 35E, one of the region’s primary north–south arteries, which carries approximately 134,000 vehicles per day and provides direct connectivity to the broader Dallas–Fort Worth Metroplex.
The surrounding trade area features a dense concentration of national retailers, including 7-Eleven, Scooter’s Coffee, Kroger, Sprouts Farmers Market, Starbucks, Chase Bank, Wells Fargo, AutoZone, McDonald’s, Taco Bell, Domino’s, Wendy’s, Walmart Supercenter, Albertsons, Aldi, and Chick-fil-A, underscoring the strength of the retail corridor. The property is located less than one mile from John H. Guyer High School, which serves approximately 2,600 students, and approximately two miles west of Lake Dallas High School with an enrollment of roughly 1,300 students.
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller was a West Coast-based private investor. The buyer was a Southeast-based private investor.
