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Simpkins Group, Houston, Texas

Available Properties - Simpkins Group, Houston, Texas

WALGREENS FOR SALE
 

HWY 105 @ Walden Rd
Conroe, Texas

(Greater Houston Area)
 

 Building Size Approximately 14,800 sf - NOI: $378,996
Land Area: 1.74 acres - Cap Rate: Please Phone For Information
 

 

 

PROPERTY HIGHLIGHTS

The Offering: The Offering:  Walgreens Pharmacy located approximately 300 feet west of the Hwy 105 @ Walden Rd intersection in West Conroe across from a Wal-Mart Super Center and just west of Lake Conroe. 

Traffic count on Hwy 105 is approximately 50,000 cares per day.

There is a Wal-Mart Super Center located on NEC of the intersection.

 

PROPERTY DETAILS

  • Absolute NNN Lease
  • Rent Commencement: February 23, 2009
  • Term: 75 year lease with Walgreens right to cancel with 1 year notice after 25th year
  • Strong Credit Tenant in Walgreens
  • Freestanding, newly-constructed building across from Wal-Mart Super Center
  • Well suited for private or 1031 exchange investors seeking high-quality replacement property

 


FOR INFORMATION AND ASKING PRICE CALL:
Charley Walters  713.667.3800
Cunningham Walters Properties


Simpkins Group, Inc. obtained the information above from Cunningham Walters Properties, LLC. However, Cunningham Walters Properties, LLC & Simpkins Group makes no guarantees, warranties, or representation as to the completeness or accuracy thereof.
 

03-25-2010

 

 

 

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