1515 E Broadway St | Pearland, TX 77581
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- LoopNet Team
1515 E Broadway St
Pearland, TX 77581
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Houston MSA – Pearland is the fifth FASTEST growing city in the State of Texas.
- Income Tax–Free State – Texas is one of only nine states Nationwide that do not levy a state income tax.
- Critical Double Drive–Thru Lane – Drive–thru lanes proved to be critical for retailers through the pandemic
- Dense Retail Corridor – Located directly adjacent to a Home Depot, there are multiple national retailers in the immediate area including Chick–Fil–A
- Affluent Community – This Walgreens serves the affluent Pearland, TX community. The average household income within the 2–mile radius
- Absolute NNN – This lease offers zero landlord responsibilities ideal for an investor looking for an extremely passive and secure investment.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,560 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.92 AC
Zoning
F1
Parking
40 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 5410-0031-115 | Improvements Assessment | $2,307,616 |
| Land Assessment | $1,113,609 | Total Assessment | $3,421,225 |
PROPERTY TAXES
Parcel Number
5410-0031-115
Land Assessment
$1,113,609
Improvements Assessment
$2,307,616
Total Assessment
$3,421,225
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