4585 Research Forest Dr | Spring, TX 77381
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4585 Research Forest Dr
Spring, TX 77381
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,650 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.79 AC
Zoning
Commercial
Parking
58 Spaces (4.24 Spaces per 1,000 SF Leased)
ABOUT 4585 RESEARCH FOREST DR , SPRING, TX 77381
Walgreens Drugstore consisting of approximately 13,650 s.f. building, 58 surface parking spaces (4.25 spaces/1000 s.f.), land parcel 78,090 s.f. (1.79 acres). Long Term Lease, 13 yrs. 3 months firm term to April 30, 2033. After April 30, 2033 the Tenant's early termination right goes into effect, the 75 year term continues to April 30, 2083. The Lease is absolute net, rent is paid monthly, flat for the term $360,000/year ($30,000/mo.).
PROPERTY TAXES
| Parcel Number | 9714-05-00300 | Improvements Assessment | $5,754,462 |
| Land Assessment | $1,506,544 | Total Assessment | $7,261,006 |
PROPERTY TAXES
Parcel Number
9714-05-00300
Land Assessment
$1,506,544
Improvements Assessment
$5,754,462
Total Assessment
$7,261,006
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