685 Highway 96 S | Silsbee, TX 77656
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- LoopNet Team
685 Highway 96 S
Silsbee, TX 77656
CVS - New 20 Year Lease - No Rent Holiday · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
- Hard Corner Location with Drive-Thru – Easily accessible via both West Avenue N and Highway 96 South
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Excellent Exposure Along Main Traffic Corridor – Combined daily traffic counts exceed 28,200 vehicles
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,830 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.08 AC
Parking
61 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
135’ on Highway 96 S
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,863,424 | |
| Land Assessment | $221,503 | Total Assessment | $2,084,927 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$221,503
Improvements Assessment
$1,863,424
Total Assessment
$2,084,927
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