21106 Kuykendahl Rd
Spring, TX 77379
Walgreens Houston MSA | $6.4M | Absolute Net · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens parent corporate (S&P BBB-) investment grade, Fortune 500 Company with over 9,200 locations.
- STRONG PERFORMING STORE OPEN TIL MIDNIGHT - This Walgreens is reporting exceptional sales volumes and is open until midnight.
- DENSE INFILL RETAIL CORRIDOR - Located in retail corridor surrounded with over 78,260 residents within 3-mi and 218,673 residents within 5-mi.
- ABSOLUTE NET LEASE WITH NO LANDLORD RESPONSIBILITIES - ±8.75 yrs. remaining on an absolute net lease, no landlord responsibilities.
- AFFLUENT $118,450 AVG INCOME IN 5-MI RADIUS – Avg. HH income in 1-mi is $117,378, it is $112,278 in a 3-mi and in 5-mi it is $118,450.
- LIMITED DRUGSTORE COMPETITION - Limited drugstore competition as this is one of only two standalone drugstores within a 2-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,560 SF
Building Class
B
Year Built
2003
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.37 AC
Zoning
F1
Parking
40 Spaces (2.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1258680010004 | Improvements Assessment | $1,583,172 |
| Land Assessment | $2,302,898 | Total Assessment | $3,886,070 |
