13642 Farm to Market Road | Magnolia, TX 77354
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- LoopNet Team
13642 Farm to Market Road
Magnolia, TX 77354
CVS Pharmacy · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibility
- Six (6) By Five (5) Year Options With Rare 10% Rental Increases At the Beginning of Each Option Period
- Excellent Visibility - This Site is Located on the Signalized Intersection of FM 1488 and Spur 149 (20,092 VPD)
- New 2022 Construction With Drive-Thru Pharmacy
- Corporate Guaranteed- CVS Health Corporation (NYSE: CVS; S&P: BBB) is the Largest Pharmacy Health Care Provider in the United States
- Growing Sub-Market of Houston- Magnolia, Texas is Nationally Ranked as 7th in Growth Among US Counties
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
14,698 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,698 SF
Building FAR
0.14
Lot Size
2.38 AC
PROPERTY TAXES
| Parcel Number | 5768-90-00101 | Improvements Assessment | $5,483,886 |
| Land Assessment | $1,866,114 | Total Assessment | $7,350,000 |
PROPERTY TAXES
Parcel Number
5768-90-00101
Land Assessment
$1,866,114
Improvements Assessment
$5,483,886
Total Assessment
$7,350,000
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