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Walgreens 300 E Houston St 14,820 SF Retail Building Beeville, TX 78102 $4,029,255 CAD ($271.88 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
$4,029,255 CAD
Price Per SF
$271.88 CAD
Cap Rate
6%
NOI
$241,755 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 is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

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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