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Walgreens

Houston, TX, United States
$6,300,000 6.00% Cap 14,820 sq ft Built 2005 Representative Photo Print This Page

Location

Houston, TX, United States

Sale Price: $6,300,000
CAP Rate: 6.00%
Building Size: 14,820 SF
Lot Size: 2.18 Acres
Year Built: 2005

Absolute NNN LeaseZero Landlord Obligations100% Fee Simple InterestS&P Rated BBBCorporate GuaranteeLocated on a Major Commercial Thoroughfare

The subject offering is a fee simple interest in an absolute NNN leased Walgreens. Over 14 years remain on the initial term, with the lease calling for zero landlord obligations. The tenant has ten 5 year options to renew. The subject property is well situated on a major commercial thoroughfare and surrounded by national retailers including The Home Depot, Walmart Supercenter, ALDI, Target, IHOP, and Chick-fil-A.

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Jeff Bracco Senior Vice President of Investment Sales View profile

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