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Simpkins Group, Houston, Texas

Available Properties - Simpkins Group, Houston, Texas

WALGREENS FOR SALE
 

NWC – RR 12 @ Bishop
San Marcos, Texas
(In the heart of I-35 Corridor between Austin & San Antonio)
 

 Building Size Approximately 14,800 sf - NOI: $369,000
Land Area: 2.30 acres - Cap Rate: Please Phone For Information
 

 

 

PROPERTY HIGHLIGHTS

The Offering: The Offering:  Walgreens Pharmacy located at the NWC of Ranch Rd 12 @ Bishop intersection in northwest San Marcos in the heart of the I-35 Corridor between Austin and San Antonio.

Store location is near the northwest quadrant of the 30,000-student Texas State University campus.

 

PROPERTY DETAILS

  • Absolute NNN Lease
  • Rent Commencement: February 9, 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
  • 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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