Southeast Private Investor Acquires CVS Retail Property In Corinth For $4.7 Million

The property asset involved in the transaction is a 12,983-square-foot retail space located at 1101 Fm 2181 in Corinth, Texas. It was sold for $4,700,000, translating to a price per square foot of $362. The retail space is a single-tenant CVS situated along a high-traffic retail corridor near Interstate 35E.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $4,700,000
• Square Footage: 12,983 SF
• Address: 1101 Fm 2181, Corinth, Texas
• Price per Square Foot: $362
• Market: Corinth
• Seller: West Coast private investor
• Buyer: Southeast private investor
• Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group

Randy Blankstein and Jimmy Goodman, representing the seller, facilitated the sale in under a month, successfully connecting the West Coast private investor with a Southeast private investor to complete this transaction.