STAN JOHNSON CO. BROKERS CVS SALE

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FORNEY, TEXAS — Stan Johnson Co. (SJC) has brokered the sale of a 12,900-square-foot CVS/pharmacy, located at 775 E. U.S. Highway 80 in Forney. The pharmacy is currently subject to a 25-year, absolute net lease. It is situated on a 14-acre property that will soon be home to Forney Regional Medical Center. SJC’s David Clary represented the seller, a Chicago-based institutional client. The buyer was a private investor completing a 1031 exchange. The acquisition price was not disclosed, but the property listed for $5.43 million.

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