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603 State Highway 35 S
Port Lavaca, TX 77979
Nextcare Urgent Care | 11yr Corp Abs NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Guaranty | New 11-Year Lease | Annual 2% Rental Increases | Options to Extend
  • Located Along Primary Thoroughfare | Close to Hospital |Primary Retail Corridor | Excellent Visibility & Access
  • Absolute NNN Lease | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-mile Trade Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Health Club
Building Size
4,530 SF
Building Class
C
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.50 AC
Zoning
Commercial
Parking
40 Spaces (7.95 Spaces per 1,000 SF Leased)
Frontage
36’ on State Highway 35 S

AMENITIES

  • Signage
  • Air Conditioning

ABOUT 603 STATE HIGHWAY 35 S , PORT LAVACA, TX 77979

The subject property is located along, State Highway 35 (13,700 VPD), with large pylon sign providing excellent visibility. State Highway 35, is the major retail thoroughfare serving the city of Port Lavaca, TX. The asset is less than 1-mile from Memorial Medical Center Hospital, providing a direct customer base to draw from. Nearby national/credit tenants including a 24-hour Walmart Supercenter, Hibbett Sports, Walgreens, Dollar Tree, McDonald’s, Sonic and more, increasing consumer draw to the trade area. The 5-mile trade area is supported by a population of over 47,400 residents with an average household income of $69,000. Moreover, within a 1-mile trade area the average household income is $93,400, way above national averages.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
76162
Land Assessment
$138,550
Improvements Assessment
$746,700
Total Assessment
$885,250
  • Listing ID: 19104598

  • Date on Market: 4/3/2020

  • Last Updated:

  • Address: 603 State Highway 35 S, Port Lavaca, TX 77979

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