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1515 N Alexander Dr
Baytown, TX 77520

$4,400,000 USD

Drugstore For Sale  •  15,423 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 15,423 SF
  • Lot Size 2.41 AC
  • Building Class B
  • Year Built 2014
  • Cap Rate 8.00 %
  • Tenancy Single
60 Walk Score

Highlights

8% Cap Rate 62+ years remaining lease term (through 2088)
National credit tenant — Walgreens (NYSE: WBA)
Signalized hard corner, 227' frontage
Absolute NNN — zero landlord expense exposure
Houston-Pasadena-The Woodlands MSA — 7.7M+ population

Property Flyers

Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
William P Hobby 43 min - 28.3 mi
George Bush Intcntl/Houston 47 min - 37.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 40
Type: Surface
Included in Rent: Yes
Kate Myhan 713-855-0588 Myhan Realty LLC
Kate Myhan 713-855-0588 Myhan Realty LLC