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300 E Houston St
Beeville, TX 78102
Walgreens · Retail Property For Sale
Investment Highlights
- Absolute NNN Lease with Zero Landlord Responsibilities
- Strong 5% Rent Increases in Each Renewal Offers a Hedge Against Inflation and an Automatic Increase in NOI
- Easily Accessible with Multiple Points of Ingress/Egress, a Convenient Drive- Thru, and Ample Parking Spaces
- Long-Term Commitment to the Site with Over 13 Years Remaining in the Original Term and Twelve (12), 5-Year Options Available
- Situated at the Signalized Intersection of US-59 and S Adams St
- Prominent Signage Opportunities Along a Major Thoroughfare Surrounded by National Retailers Including KFC, HEB, Subway, and Domino's
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.15 AC
Zoning
GB - General Business
Parking
75 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
102’ on Houston St
Property Taxes
| Parcel Number | 10973 | Improvements Assessment | $1,186,660 |
| Land Assessment | $313,340 | Total Assessment | $1,500,000 |
Property Taxes
Parcel Number
10973
Land Assessment
$313,340
Improvements Assessment
$1,186,660
Total Assessment
$1,500,000
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