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601 Loop 274 Rd
Angleton, TX 77515

Price Upon Request

Drugstore For Sale  •  12,229 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 12,229 SF
  • Lot Size 2.21 AC
  • Building Class B
  • Year Built 2009
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

As the largest pharmacy chain in the United States, CVS (NYSE: CVS) provides a strong corporate guarantee for this property.
Angleton is situated in the Houston MSA, the fifth largest metropolitan area in the country and one of the fastest growing.
Texas is one of eight states in the United States that has no income tax.
With a 25-year lease beginning in late 2009, CVS has a remaining +/- 12 years before the end of the initial term with 10 additional 5-year extensions.
The lease has no landlord obligations, making this a very attractive and highly passive investment opportunity.
Situated on Loop 274 (VPD: 15,305), Angleton’s main retail corridor, the property is extremely visible with three ingress/egress points.

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 48
Type: Surface
Included in Rent: Yes