Overview
- Price:
- $ 3,752,000 5.5
- CAP Rate:
- 6.00%
- Years Guaranteed:
- 5.5
- NOI:
- $225,120
Investment Highlights
HOUSTON, TX WALGREENS
- Proven, performing store with 20 years of reported sales history
- Drive-thru pharmacy in very strong retail trade area anchored by Walmart, Home Depot, Kroger, Lowe’s, Target and others
- ~5.5 years of guaranteed rent from NN lease
- Dense, urban location in solid retail trade area
- Over 15,992 residents live in one mile radius
- Likely a “forever” Walgreens location
- NN lease with minimal landlord responsibilities
Address: 1710 Fry Road
City: Houston
State/County: Texas
Zip: 77084
Country: United States
Open In Google Maps 
