20500 FM 529 | Cypress, TX 77433
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20500 FM 529
Cypress, TX 77433
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Zero Landlord Responsibilities
- Income Tax Free State
- Long-Term Tenant Commitment – Walgreens Operating Since 2004
- Scheduled Rental Increases Every 5 Years
- Corporate Guarantee – Backed By Walgreens
- Prime Signalized Corner With ±85,000 Combined Vehicles per Day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,560 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.59 AC
Zoning
None
Parking
79 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 1256840010002 | Improvements Assessment | $1,786,341 |
| Land Assessment | $1,522,260 | Total Assessment | $3,308,601 |
PROPERTY TAXES
Parcel Number
1256840010002
Land Assessment
$1,522,260
Improvements Assessment
$1,786,341
Total Assessment
$3,308,601
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