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Walgreens 300 E Houston St 14,820 SF Retail Building Beeville, TX 78102 $4,017,100 CAD ($271.06 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Zero Landlord Responsibilities
  • Strong 5% Rent Increases in Each Renewal Offers a Hedge Against Inflation and an Automatic Increase in NOI
  • Easily Accessible with Multiple Points of Ingress/Egress, a Convenient Drive- Thru, and Ample Parking Spaces
  • Long-Term Commitment to the Site with Over 13 Years Remaining in the Original Term and Twelve (12), 5-Year Options Available
  • Situated at the Signalized Intersection of US-59 and S Adams St
  • Prominent Signage Opportunities Along a Major Thoroughfare Surrounded by National Retailers Including KFC, HEB, Subway, and Domino's

EXECUTIVE SUMMARY

Absolute NNN Lease with Zero Landlord Responsibilities
Long-Term Commitment to the Site with Over 13 Years Remaining in the Original Term and Twelve (12), 5-Year Options Available
Strong 5% Rent Increases in Each Renewal Offers a Hedge Against Inflation and an Automatic Increase in NOI
Situated at the Signalized Intersection of US-59 and S Adams St
Easily Accessible with Multiple Points of Ingress/Egress, a Convenient Drive- Thru, and Ample Parking Spaces
Walgreens | NASDAQ: WBA | Operates 8,700+ Locations in 50 States
Prominent Signage Opportunities Along a Major Thoroughfare Surrounded by National Retailers Including KFC, HEB, Subway, and Domino's

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Price
$4,017,100 CAD
Price Per SF
$271.06 CAD
Cap Rate
6%
NOI
$241,026 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.15 AC
Parking
75 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
102’ on Houston St

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

H-E-B
Prosperity Bank
Buddy's Home Furnishings
CrossFit
Anytime Fitness
Rent-a-center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10973
Land Assessment
$432,046 CAD
Improvements Assessment
$1,314,630 CAD
Total Assessment
$1,746,677 CAD
  • Listing ID: 35396153

  • Date on Market: 2025-04-07

  • Last Updated:

  • Address: 300 E Houston St, Beeville, TX 78102

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