$3,600,000 USD
214-295-8749
1600 Jackson
Richmond, TX 77469
Richmond/Rosenberg
HIGHLIGHTS
- Strategic Location Adjacent to OakBend Medical Center – Positioned next to a prominent healthcare facility, ensuring consistent foot traffic
- Below-Market Rent Advantage – The current lease terms offer a rental rate ±$6 below market rent per Costar.com.
- Robust Store Performance – Reported store sales exceed $3.2 million, reflecting strong revenue generation and thriving location.
- Prime Signalized Corner Location – Situated at a high-visibility, signalized intersection, maximizing accessibility and exposure to both pedestrian an
- Dense Population and Growing Demographics – Richmond, TX has seen its population grow more than 18% in the past 5 years. There are now over 53,141
- Houston, TX MSA – Richmond, TX is located ±30 miles southeast of Houston, TX. Houston has a population of over 2.3M residents and is the largest city
FOR SALE DETAILS
PRICE
$3,600,000 USD
PRICE/SF
$233 USD /SF
CAP RATE
8.32%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WALGREENS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
1.82 AC
LAND SF
79,279 SF
ZONING
GC
APN/PARCEL ID
1740-02-013-0003-901
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-295-8749
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-295-8749
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
