2717 Fm 1960 Rd E - Drug Store FOR SALE


Houston, TX 77073
$4,437,037 USD
925-348-1844
2717 Fm 1960 Rd E, Houston, TX for Sale
$4,437,037 USD
Drug Store - FOR SALE
1/2
null | 6.75% Cap Rate

2717 Fm 1960 Rd E
Houston, TX 77073


HIGHLIGHTS

  • Net Leased Offering
  • Corporate Guarantee - NASDAQ:WBA
  • Seller will Provide 50% LTV Financing
  • $2,791,529 in Reported Sales
  • Located along a Major Commercial Thoroughfare
  • Desirable Demographics - 208,334 within a 5-Mile Radius

OVERVIEW

The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Houston, Texas. The lease is corporately guaranteed by Walgreens and expires in February 2030 with ten, 5-year renewal options. This Walgreens benefits from its location at the signalized intersection of Treaschwig Rd and Fm 1960 Rd E with exposure to over 22,357 vehicles per day. The site borders various retailers including Circle K, T-Mobile, Dollar Tree, Starbucks, Papa Johns Pizza, McDonald's, KFC, Popeyes and many more.

FOR SALE DETAILS

PRICE

$4,437,037 USD

PRICE/SF

$304 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased Walgreens Offering

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,661 SF

ZONING

-

APN/PARCEL ID

1264770010001

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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