1205 N US Highway 83 Hwy - Drug Store FOR SALE


Zapata, TX 78076
$4,415,961 USD
410-742-8151
1205 N US Highway 83 Hwy, Zapata, TX for Sale
$4,415,961 USD
Drug Store - FOR SALE
1/1
null | 5% Cap Rate

1205 N US Highway 83 Hwy
Zapata, TX 78076


OVERVIEW

Single Tenant Investment Bondable Absolute Net Lease No Roof or Structure for Landlord Assumable Debt or Can be Delivered Free and Clear of Debt 3.86% Fixed Low Interest Rate Fully Amortizing Loan Matures Nov. 2041 Strong Investment Grade Credit CVS Health S&P:BBB Great Investment for 1031 Exchange Loan Provides for Paydown/Readvance to Maximize Tax Deferred Proceeds Long Term Lease - Expires 2045 Tax benefits may include Annual Depreciation, Interest Expense and Accelerated Depreciation via Cost Seg Study Tax Free State

FOR SALE DETAILS

PRICE

$4,415,961 USD

PRICE/SF

$736 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,759 SF

ZONING

-

APN/PARCEL ID

9618

ASK ABOUT THIS PROPERTY

Blair RinnierRinnier Development CompanyMore Info
410-742-8151

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Blair RinnierRinnier Development CompanyMore Info
410-742-8151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.