1515 N Alexander Dr | Baytown, TX 77520
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1515 N Alexander Dr
Baytown, TX 77520
NNN Walgreens at Lighted Intersection · Retail Property For Sale
Investment Highlights
- Premier opportunity to acquire a Walgreens property backed by a NNN lease through 2033, ensuring stable and long-term passive income.
- Situated in the Houston MSA, one of the most dynamic and economically resilient metropolitan areas in the nation.
- Built in 2014, this Walgreens features a drive-thru and high-image prototype, with eight years remaining on the lease and 50 one-year renewal options.
- Prime hard-corner location at the signalized intersection of Alexander Drive and Ward Road in the heart of Baytown, offering strong visibility.
- Surrounded by national tenants such as CVS, Chase, Kroger, Dollar General, Popeyes, Burger King, and Sherwin-Williams, adding strong value.
- Walgreens is the second-largest pharmacy chain in the United States, operating approximately 8,700 locations across all 50 states.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,423 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.41 AC
Parcel Number
1335030010001
Parking
40 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
