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1302 N Virginia St
Port Lavaca, TX 77979
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities
  • Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion
  • Corner Location - North Virginia Street and US Highway 35 Which Sees Over 10,545 Vehicles Per Day 
  • Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of “BBB”
  • Long Term Lease With Over 11 Years Remaining on Primary Term With 50 x 1 Year Options
  • Texas Currently Has a Growth Rate of 15.9%, Which is More Than Double the National Average of 7.4%

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.02 AC
Parking
59 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
263’ on North Virginia Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
78269
Land Assessment
$162,780
Improvements Assessment
$1,167,570
Total Assessment
$1,330,350
  • Listing ID: 27306962

  • Date on Market: 12/14/2022

  • Last Updated:

  • Address: 1302 N Virginia St, Port Lavaca, TX 77979

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