20675 FM 1093 Rd | Richmond, TX 77407
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- LoopNet Team
20675 FM 1093 Rd
Richmond, TX 77407
Walgreens · Retail Property For Sale
Investment Highlights
- STRATEGIC POSITIONING – Situated along the entrance to the Westpark Tollway which sees over 38,000 VPD.
- POSITIVE POPULATION GROWTH – The population has grown over 5% in the past 5 years and shows no sign of slowing down.
- LONG TERM LEASE – Walgreens has a lengthy 12 years left on the base term of the lease giving an investor a over a decade of tenant stability.
- HEALTHY POPULATION STATISTICS– The surrounding 5 mile radius has over 249,215 people.
- SIZEABLE PLOT – The building is situated on a ±2.91 AC lot giving future possibilities for development.
- STRONG GUARANTEE – Backed by Walgreens corporate which has over 8,000 stores over the United States and has a market cap of 40B (NASDAQ: WBA.)
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,775 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.91 AC
Zoning
X
Parking
72 Spaces (4.87 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 4790-01-002-0020-901 | Improvements Assessment | $1,967,154 |
| Land Assessment | $1,226,352 | Total Assessment | $3,193,506 |
Property Taxes
Parcel Number
4790-01-002-0020-901
Land Assessment
$1,226,352
Improvements Assessment
$1,967,154
Total Assessment
$3,193,506
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